Traders Keep Nibbling on Sequenom (SQNM)

Sequenom Inc. (NASDAQ: SQNM) is surging higher again today.  At 10:35 AM EST we have not seen an exponential volume alert as the volume is now just over 7 million shares versus 9.4 million on average.  But the stock is up another 9.8% at $3.67.  This one has risen since meeting with the SEC and other regulatory and enforcement agencies.  Traders keep touting that there may be no intentional wrongdoing from management and the top brass that was recently canned, although it seems a bit premature to make any definite assumptions along that line.  Trust is just hard enough to come by, let alone in companies which have had issues such as this.  This is still very much an at-risk company, although making any predictions at this point would be based entirely upon incomplete data that still has many unknowns.  Stay tuned.   -JON OGG