Disclosure: At 6/30, currently long 2k shares from $3.51. Good to cancel stop at $2.75. On a scale of 1 to 10 in size, with 1 being the smallest, SQNM is a 1.5 for me, a very small size. Why I think SQNM is a speculative buy, but first, you shoud know this: First off, I have no insider knowledge of SQNM, and this is my opinion. I usually do not buy stocks when there is ‘fraud’ involved. However, I believe in SQNM potential technology and it’s uses. But if fraud is proven, SQNM is likely a sub $1 dollar stock, because they currently do not have a great balance sheet, would be a big black eye on the company for years, and the trade is over. SQNM to me is a clear risk/reward play. When SQNM first reported it’s SEQureDx Down syndrome numbers, I was amazed. SQNM said it could predict, with over 99% accuracy, if a baby in the womb had down syndrome. The current tests on the market I believe are estimated around 94%. Needless to say, the market doubled SQNM stock from 14 to 28 in short order on these results, because if these test results were true, why would a doctor use a less accurate tool? However, SQNM started to act really strange after it’s rocket ride to it’s 52 week high. And for a few weeks, started to slowly trickle downwards. Sure enough, SQNM then came out and said that the results were not calculated corrected, and they were actually only 97% accurate. This is still better than the current 94% on the market today, however, the stock still sold off, and a few weeks later, we found out why: SQNM finally came out and said SEQureDx Down syndrome test data was MISHANDLED. This leads me to give SQNM a speculative buy, with final third party verified results likely coming out in Q4 this year. One, before SQNM annouced the test data was mishandled, the market already knew for weeks it was mishandled. Two, it’s quite possible that after SQNM recalculates it’s results, it’s success rate is still above current test averages of 94%. And last, and the real reason why I think SQNM is a buy, I just cannot believe, in good faith, that someone would commit real fraud, on a test that would be out on the market and used everyday single day, without knowing the fraud would come back to them. That makes no sense to me, and is not logical. Yes, SQNM data is mishandled. Yes, it’s still possible that fraud was committed. However, the more likely scenerio is SQNM third party verified data will be spun by the company as a POSITIVE when it comes out, due to the fact that it may still be better than the industry average of around 94% success rate. I am in SQNM as a small speculative trade into the third party verified results, and would not advise paying more than 3.50 for any speculative longer-term trading shares. If SQNM results came out around the 94% or above success rate, it’s possible the very next day it would open above 10. And of course, if the results are actual fraud, this is less than a $1 stock. By the way, what I also like on SQNM is it’s very ‘trade-able’, and will buy in size during market hours on big volume moves. My bias is to the long side on a daytrade. If SQNM broke $2.75 (below it’s 52 week low), before the test came out, I would sell it, and re-analyze. Any comments or thoughts appreciated, because this is how I personally see SQNM, as I believe there is value here.