RE:good post Assuming the question of SYD was directed to me I would like to say the following:
I like SYNODON ( SYD ) a lot and bought a large amount of their shares a while back. After reading Cook's write up about SYNODON the concept peaked my interest so I proceeded to do a lot of research on the company and their proprietary technology. The more I read and learned about this the more I was convinced that this company was a potential grand slam home-run. There are many variables that must come into play for a company to succeed and in this current economy all the stars must align in order to acheive success however one of the biggest variables that spells success is if a company can find a niche or is able to attain an edge over its competitors or even better if they have NO competitors and that is the case with SYNODON. They have a one of a kind licensed technology and have no competitors at this technological level. Morningstar.com derived a rating system to reflect a companies edge in their respective markets and although the rating system assumes the company is a producer the thesis can be applied in SYNODON's case which is still in its infancy. This rating system is called an MOAT rating and there are three ratings under this category 1.) None 2.) Narrow 3.) Wide. Example: Eldorado Gold ( EGO ) is the only mining company that I know of that has an MOAT rating ( Narrow ) and this is because they have an edge over all their competitors in that their overhead and CAPEX is less then anyone elses hence when other mining companies are not able to turn a profit at todays gold prices ( Barricks immediately comes to mind ) Eldorado Gold is able to keep chugging along and turning a profit. Which leaves me scratching my head at why people continue to dump this stock as if it were ENRON stock.
SYNODON in my opinion and I am sure in anyone elses opinion who has taken the time to read about this technology and about SYNODON would assign an MOAT rating of "High" to them. The only thing that will prevent SYNODON from becoming a huge success in my opinion is the red tape that must be cut through with these large demagogue oil companies who need more than just convincing to break away from the familar ways they are accustomed to but even then that is just an obstacle that these determined people at SYNODON are quite capable of breaking through. If you have ever tried getting something passed through government then you know of all the unnecessary road blocks, red tape and walls you must bang your head against before getting some lazy uninformed donut eating idiot to sign off on it. That is what Synodon is faced with. The corporate sector is just as bad, if not worse than the government red tape. If SYNODON were to fail it would not be because of their product it would be because of the corporate beauracracy, nepotism, friendship bias and bullsh1t they have to contend with. I personally feel this company will become a huge success and why not? They have a unique and patented technlogy that will save oil companies millions of dollars if not billions by detecting oil leaks down to the drop and as a byproduct of this technology it proves to help save the environment by being able to detect even the smallest leaks at the earliest possible stage and alert someone to them before it becomes a widespread environmental crisis. Another stock that I am buying while everyone is selling, even Cook sold this one, is Lydian International (LYD). I have spoken to many people very close to this project ( I will not reveal my sources ) and I do not have the fear that the general public has with the apparent political mess there. Lydian should be releasing some infomation very soon on this matter. Without a doubt Lydian is one of the best deposits out there and at these prices it is stupidity not to add to my positions. This company based on what they have in the ground and at todays gold prices is valued at $5.00 a share. Everything I wrote here is my opinion, but my opinion is based upon being informed and not just following someone else because they said they were going to do X and Y in their newsletter.
By the way I sold HDG today at a huge loss because I did not feel like staying in a stock that could drop further because stupid uninformed people are buying and selling it.