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Bullboard - Stock Discussion Forum Synodon Inc SYXXF

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument... see more

GREY:SYXXF - Post Discussion

Synodon Inc > Doesn't bother me
View:
Post by 3burtc on Dec 20, 2013 5:02pm

Doesn't bother me

Typical small cap. I don't care were it is, just were it's going to be. As an investor I try not to be too short sighted and I focus on large future gains. This is one of my holdings that has massive upside. The price is irrelevant to me.
Comment by AimHigh8 on Dec 20, 2013 7:32pm
3burtc, you've summed it up quite well.  Synodon is suffering from tax loss selling and a recent lack of news.  From what I can gather, things are progressing and we will hopefully get an update early in the new year.  If you believe in a company and it goes on sale...is that not a good thing? I believe. Looking forward to 2014. Best of the season to all.
Comment by AimHigh8 on Dec 20, 2013 8:24pm
I should clarify...a "good thing" if you've got a bit of dry powder and are still accumulating or adding.
Comment by Sir_Holler on Dec 20, 2013 8:29pm
Synodon is suffering from tax loss selling and a recent lack of news. From what I can gather, things are progressing Read more at https://www.stockhouse.com/companies/bullboard/v.syd/synodon-inc?postid=22028978#OVHyVWL38j3SKErq.99 That's all it is, in my opinion. It is a seasonal business and there isn't much pipeline survey work at this time of the year. The silence with tax ...more  
Comment by AimHigh8 on Dec 21, 2013 1:04pm
Sir_Holler, an excellent summary of Synodon's current situation.  Financials should be interesting when they come out.....due end of February as they are year-end reports.  They should show substantial gross revenue growth as compared to 2012, but we'll have to wait until they're published to confirm.  I like the part about how some new clients are not even requiring ...more  
Comment by stack on Dec 20, 2013 9:33pm
This post has been removed in accordance with Community Policy
Comment by 3burtc on Dec 20, 2013 10:23pm
Hey what ever happens, happens. Their has been no news stating that fundamentals have changed and it seems the only thing wrong with the company is that it has a low share price. It hits a new 52 week low, with the last few trades, on the Friday just before Christmas. Ok, so? I don't know the reasons for this, but I have seen this kind of fear before. I have no explanation for why it trades ...more  
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