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Bullboard - Stock Discussion Forum 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... see more

GREY:SYXXF - Post Discussion

Synodon Inc > Why I like SYD
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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.
Comment by mrholty on Jun 13, 2014 4:52pm
I wish I was as positive as all of you.  I have a small position (1/3) that I started after Q1 of 2013.  Q2 2013 caused me to pause and not fill out my position and I still can't.  I really like the growth in contracts signed especially the $1.2M for 12,500 km.  That is a rate of $95/km.  I had been using $75 in my models to be conservative.  I had estimated ...more  
Comment by GuyInPhoenix on Jun 13, 2014 11:11pm
Hi, thanks for your post.  I too, have taken on an iniital position, as I learn more about the company and technology. So a question for you (or other board members)... how do you assess the odds of a catalyst to begin growning the revenues at a stronger clip?  For instance, what are the odds that you reach critical mass on product recognition that gets adoption ...more  
Comment by CHINVESTMENST on Jun 16, 2014 2:10pm
I'm sorry if this comes off as rude but do you not understand the concept of avoidable and unavoidable expense? ALL OF SYNODON's MAJOR EXPENSES ARE AVOIDABLE! Looks at their fianncials and you would figure that out yourself. The biggest expenses are research and development/government assistance 102k as of Q1 financials, (are avoidable once Synodon gets some customers and begins to expand ...more  
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