Yes it sure does - any thoughts out there about how seriously Greatpoint Energy might disrupt Symx's chances for future contracts in China?
nhcorwin - an excellent response to awind's 2 posts above. He strikes me as an intelligent person who, unfortunately, doesn't always get his facts straight.
I think you're right, lonmo. I suspect there is some urgency - when money is scarce, and it certainly is for SYMX, timely results are important - I'm sure Rigdon doesn't want to go to the financial well too often. That said, I think that if the test results keep coming in positively, the money will be there when he needs it.
The market may not be impressed, lonmo, but that does not mean that the announcement is not significant in a very positive way. As I suspect you already know, the business that SYMX is in is quite a bit different than the selling of cars, television sets and men's cloths. Progress in those businesses can easily be measured in a matter of months. The business that SYMX in is quite a bit different. Meaningful progress in their business can only be measured in longer periods of time. Today's announcement is meaningful and if short term market traders can't appreciate that then let them sell - I think there will be willing buyers for their shares and I will be among them!!
You're right, wind1 - the two articles can be interpreted completely differently depending on the orientation of the person reading them - and as you suggest, vastly more important is the question they raise - "how could/would/might this effect SYMX prospects for securing new and future projects, at least in the near to short term, be affected?"
I honestly don't have an answer for that question - but I would very much appreciate hearing what you and anyone else on this board (or in the SYMX Executive Suite) might think about it. We might all learn something from that discussion. Thank you for bringing it up!!
There is certainly more than a little validity in the point you are making, goldbug. I think of myself as a relatively rational person but I know that I own quite a few shares of this company and I am optimistic about its future – and if I think about it honestly, I tend to respond more favorably to positive comments than I do negative comments. I’m quite sure I’m not the only one who is guilty of this sin – it’s a common human failing and one that is not confined to just the SYMX message board.
I think we can all agree that we should pay serious attention to news that is potentially damaging to SYMX and safely ignore comments like “The President is an Idiot”
Your comment is interesting, lonmo - I think that Chaz's comments on this board fall in to two categories: 1) specific information about the company that has been reported by various sources and 2) predictions about future stock prices.
With regard to the first category, his comments have been very helpful because they present information about the company that has been reported from a variety of sources - information that may or may not be true depending on the source but it is information that is out there and which has the potential of influencing the price of the stock.
Regarding the second category, I think sikk21 nailed it - this is the stock market and predictions (or a less generous word, guesses) are all that any of us can offer.
All that said, I do think you comment is interesting and a major step above the "worthless banter" referenced by Sikk21.
Thanks, Chaz - this is very encouraging news!
Welcome back - we've missed your productive contributions (as opposed to some others) on this board)
Sentiment: Strong Buy