GREY:SYXXF - Post by User
Comment by
CHINVESTMENSTon Dec 09, 2014 4:55pm
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Post# 23212311
RE:Synodon managemet and Investors' opinion
RE:Synodon managemet and Investors' opinionWell based on the charting Synodon is definitely a buy Short term as I'm a firm believer that we will not close below 13 cents. The charting looks fine and I'd be buyign up in this area while you can and even selling in the 20s if you want to hold short. However this is not a short term play for me and I'll be holding through longterm.
So why would I be holding Synodon Longterm? Well call me crazy but I believe that the Q4 was profittable buy a nice margin and that the main expenses of Synodon come from paying the Board of Directors which have had a steady pay since the start. This makes me believe that Synodon is a profitable company as is and is only going to become more profitable through expanding operations. Management holds 37.95% and hasn't sold since the big pop of 45cents. Van Eeden alone holds 18,466,262 shares, Sheard 6,533,600, Banica 3,194,800, Fairman 2,759,800, and Boyd 1,190,000 shares. When insider ownership is this high I believe that these proffesionals know what they're doing and have a strong reason for buying in such like ourselves. Business expansion is the news I've been waiting for! Also realize how in the article posted last week that they explained how Synodon will be used for multiple things other then pipeline analysis? Great news as it means MORE MONEY BEING MADE. So all I have to say is SYNODON IS A LONG-TERM INVESTMENT and a BUY even in the 50cent range with this news.