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Bullboard - Stock Discussion Forum Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with proprietary platform developed at its laboratory facility in France. Through its wholly owned subsidiary TFChem S.A.R.L., the Company specializes in stabilizing carbohydrate molecules. The principal activities of the Company include development of cosmetic and pharmaceutical active ingredients. TFChem develops and... see more

TSXV:SBM - Post Discussion

Sirona Biochem Corp > Markets are tanking and looking like 2008
View:
Post by hcdtrading on Sep 27, 2022 2:46pm

Markets are tanking and looking like 2008

Look at the symbol JX ( tsx venture index) which SBM trades on. Doesnt look good for tsx venture stocks now or in the near future. This looks a lot like 2008 to me and every TSX venture stock got killed. SBM will not be spared. And why would it? Terrible company that is run by people who don't know how to run a company. Lastly I think everyone on here knows that the ABVIE deal is gonna suck simply because every deal they have so far made has sucked.
Comment by biorun on Sep 27, 2022 3:52pm
Guess what buddy - the TSXV already tanked, several times. After the 2008 recession, it rose to 2439 after hitting a low in 2008 of 704. In February 2021, it was at 1098 Now its at 573 after falling from 892 last april. So chicken little, you are just bottom feeding, which by the way is a good strategy to pick up undervalued shares.
Comment by hcdtrading on Sep 27, 2022 4:26pm
Yeah so what is your point that the TSX venture will not drop further because its tanked before? Great logic there! Plus I don't think SBM is undervalued at this point, I think it could drop further. It just took out 17 and now it is at .165.  14 cents is the low from Dec 2021 which is in play here. I am a buyer at 10 cents. haha which is the same price that this started at in 2007 when ...more  
Comment by biorun on Sep 27, 2022 6:48pm
you really don't know if sirona is undervalued as the terms of the deal are not yet apparent. you are bashing management and the deal and have zero inisght other than a bunch of conditional theories. as for your tsxv prediction- the index is trading at a real low right now, and all the info available on the market about a recession and global energy instability has been priced in already, so ...more  
Comment by hcdtrading on Sep 27, 2022 8:55pm
Well Bio, in all the years you been posting your nonsense I have to at least give you a compliment and that is that, even after posting day after day, month after month year after year and being wrong about everything, you still come on here and keep at it. Good on you man! cuz I would have quit after a few months. It's almost as if you would have to be employed by the company to keep this ...more  
Comment by biorun on Sep 27, 2022 11:26pm
Well thank you, but as sweetspot tickle1st said, it takes a lot more energy to be negative than positive, and many here spend a lot more time than me finding ways to put the company down instead of trying to find out what is right and focusing there. That is how the impossible becomes possible. For me, this is an investment and a part time hobby keeping folks like you entertained with irritating ...more