GREY:SYXXF - Post by User
Comment by
RedSoxon Oct 28, 2014 6:09pm
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Post# 23069862
RE:RE:RE:RE:Nowhere to go but up?
RE:RE:RE:RE:Nowhere to go but up?
Thought I would add my 2 cents to this comment. Synodon actually has excellent management and no way do they get a failing grade as you suggest. This company is small and at this point they do not have a dedicated IR team/person that can handle investor questions exclusively especially when they are completely focused in another direction (Getting new business.) Right now they are tending to the more important things and that is growing the business. They are heavily focused on sales and management and are actively and tirelessly involved in this aspect of the business and because of this the investor relations part suffers. I have been assured by people on the BOD that they are aware of the poor IR and they will be looking to provide better IR in the coming months.
Finally in response to your statement of "The message is not getting out." it most certainly is. Synodon is constantly on the road and active in trade shows etc..where they preach and demonstrate their technology and the benefits of it. I sincerely doubt that there is a player in the oil industry that is not aware of Synodon. Finally, the crappy share price is due to many factors none of which are reflective of Synodon's intrinsic value and worth. The main catalysts I see forcing the share price down are Day Traders who are looking to make a quick dime on a quick trade as opposed to an investor who buys for the long term and impractical stock holders who are expecting huge gains in the short term and become disillusioned when they don't get it. This is NOT one of those stocks. This is a growth stock and its rise in price unfortunately will be based on its generated revenue and not on a drill result. This takes time! I read that someone referred to Brent Cook on Synodon. I do know that when he released his BUY on this stock he clearly stated that there was NO RUSH to get in this stock because there were no catalysts on the horizon. This is an investment stock for the long haul and something that may reward its shareholders with huge gains way down the road.
I also get annoyed when I see the share price drop as low as it has because it tells me that a lot of day traders are trading in this stock and not informed investors. I am sure there are other catalysts doing this too some of which were mentioned by chinvestmentch in a prior post I believe.