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#1
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Penny stock...synthetic blood (SYBD)
Been following this for awhile. It's a research company working on synthetic blood. In the early stages. Seems to bounce back and forth between if phase 2 or 3 ends and how those research phases went. Seems like a good buy at $.22...it's been hanging around there for a little. I was thinking about buying around $.44...seems like they are always looking for financing. High risk, but doesn't take a lot of money to make it big on this one. A competitor Northfield Labs (NFLD) has really gained in the last half a year. They are in the same research with the synthetic blood but are much much more along in there developement. What do you think? I was thinking to drop just a few hundred, if not for the potential profit, but for the experience of dealing with penny stock.
http://finance.yahoo.com/q?s=SYBD.OB http://www.sybd.com/ |
#2
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Re: Penny stock...synthetic blood (SYBD)
"experience of dealing with penny stock"
There is nothing to be learned they trade more or less like any other stock. If you want to waste a few hundred on a learning experience buy options, or perhaps short a stock (but remember you might loose a bunch doing it). As to blodd substitues there are a bunch of unsuccessfull companies. BPUR actually has something vets use on animals, but is not approved for humans. |
#3
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Re: Penny stock...synthetic blood (SYBD)
Ask yourself "why do you think this company is worth more than it is presently selling for?" and try to come up with a logical argument based on facts and sound reasoning.
Remember, if you can't spot the sucker in your first half hour at the table... you know the rest. |
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