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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to large organizations in return for up-front and milestone payments as well as royalties. Its two most advanced programs are the cosmetic skin lightener and diabetes drug. The Company's TFC-1067 is for the treatment of Dyschromia (Dark spots on the skin). GlycoProteMim is a novel anti-aging compound. GlycoProteMim is based on the naturally occurring glycoproteins found in Antarctic fish, known to protect them against environmental stressors. It is focused on three current antiviral categories: Neuraminidase Inhibitors, Nucleoside Analogs and Iminosugars. Its wholly owned subsidiary is TFChem S.A.R.L.


TSXV:SBM - Post by User

Bullboard Posts
Comment by dooneryon Jul 21, 2015 7:42am
152 Views
Post# 23943799

RE:Wait

RE:Wait
diamondless,,sometimes I think you are close but not quite right.Yes those that buy under .13 and sell over .18 make money ,,you are of course right,,but why not buy lower ,sell higher.I just sold 1/2 of my sbm at 17.5,,and if available I will buy it back at .14 or .15.This I have been doing for 2 years.Average cost now is .07 cents.If it goes down,,i buy a bit more back,,if it goes up I sell a bit more or maybe just hold the current level of shares that I now hold.Either way I am comfortable with my level of risk/reward..It seems to work very well.Do you by the way expect to buy back in at a lower price,,or are you done.I don't see a roll back in the cards but if you are right that will bring us back DOWN ,, big time.Your current thoughts on roll back and price in next 4 months??
Bullboard Posts