Post by
schnauser on Jun 05, 2014 9:43pm
Why I like SYD
First of all, this is not the kind of stock that lends itself to good trading, for so many reasons, but maybe number one is liquidity. Techiy, are you friggin crazy? TA works best on bigger stocks, bigger floats, more volume etc. These venture start up stocks are lottery tickets, either you like the story and go long, or don't.
But nicely put, Chinvestments. The only thing to add is, what if there's another bear market and blah, blah, blah. Well, then every potential customer of Synodon is going to try and save their butts by cutting costs as oil prices come down, and margins get compressed yada, yada. The government isn't going relax pipeline regulation, its threatening to get tougher. Even if it doesn't, Synodon will see a shift in customer adoption increase the worse the economy gets. And don't tell me oil pipelines are going to run out of cash flow. They are not being run like Lehman Brothers.
That's the beauty of investing in innovation, when the s**t hits the fan, that's when the innovator actually makes their move in the market.
The same could be said about RGX, assuming they get their financing thru in the coming months.
Comment by
bsea on Jun 06, 2014 2:38pm
i like syd also but if all this can do is give an odd update not showing good growth or cash balance this will continue to be dead money .these managements have to understand the fist sign of trouble and they get dumped.maybe we get tired of watching this paint dry
Comment by
techiy on Jun 06, 2014 3:11pm
The bulk of new contracts (old+new customer) they have declared in from February-May(Q2andQ3). Needs at least one quarter to have any impact on financial statements. Its really logical in all aspect to quriously wait to see their Q3 and Q4 statements. I like the story , I believe the financial forecast. But Q3 and Q4 statatements will really be a decisive factor for me.