Sometimes things take time: $ILMN and Gene sequencing costs

I recall being a somewhat younger investor/trader looking at ideas a decade ago and Illumina seemed pie-in-the-sky, and was stock that traded in the low digits at one time. I traded it and have regretted ever since, for having sold those shares long ago. Secular trends, like all worthy speculative ventures, take time to foster and nurture into maturity, including: marriage, fixer-upper first homes, salvaging a debt-laden balance sheet (for nations and individuals alike), and not just new industries.

NIH_GENE_SEQUENCING_COSTS

 

(source: http://datarep.tumblr.com/post/95553089298/cost-of-sequencing-a-whole-human-genome-over-time )

ILMN_2001_2014

 

(source: http://www.barchart.com)

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