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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 contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.


GREY:SYXXF - Post by User

Comment by GuyInPhoenixon Dec 06, 2014 3:26pm
169 Views
Post# 23203056

RE:same seller

RE:same sellerUnfortunately, the company is too quiet. There is an old saying in the sales world: "You can't sell a secret."

They have a real product with some clear benefits. It's ok to be a little promotional and bang the drum a bit.

The length of time that passes between press releases is crazy. And then when one is released, there isn't enough meat on the bone. You've got to clearly lay out the case for growth and give people a reason to stick with you.

They know the science but they don't know how to promote themselves.

I hold a lot of exploration and mining stocks, which have been clearly out of favor. But how do you explain the lack of performance here, unless you point to the news vacuum that the management has created?

What sector is this company a part of? If it were tied to the energy sector, you could say, "oh, well, it's performing poorly right now because with the energy stocks on the ropes, we have to worry about their capex budgets." You could come up with some excuse. But it didn't perform well with energy moving higher.

Is it part of the tech sector? It doesn't much act like a tech stock, does it?

Some of it is probably related to tax loss selling. We'll see how it performs early next year. But a clear disappointment thus far.

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