Senomyx, Inc. (SNMX)

[l2 hunter]

SNMX >>>> Financial Results:

Commercial revenues increased 24% to $2.8 million in the second quarter ended June 30, 2017. For the six months ended June 30, 2017, commercial revenues increased 25% to $5.5 million. These improvements primarily resulted from higher direct sales of flavor ingredients to flavor houses and higher royalties from sweet taste boosting ingredients


Financial Outlook:

Senomyx ended the second quarter 2017 with no debt and $11.2 million in cash, an increase of $1.1 million during the second quarter. In addition, the Company is scheduled to receive $14.0 million in committed development funding in the future.
For the third quarter of 2017, the Company expects:
Revenues to be at least $4.7 million, of which at least $2.9 million are commercial revenues; and
Net loss not to exceed $3.2 million or $0.07 per share

you see.. SNMX don´t close red. just closed the opening gap. the bid support and buying/boarding volume looks awesome imo. based on long term chart / share Structure / rev. / Cash is SNMX very cheap and solid in business. comes from $13. typical undervalued bounce ticket for me. i have load time to time the down trend last months. its difficult to hit the absolute low before start turn around. so the risk not to big. i think SNMX can see a 500% 1000% turn around next time. not a 1 day wonder imo. constantly turn around invest for coming months. i am glad to be in. no one can you say 100% which stock runs big. but i think risk/reward is on current level very positiv. build your own opinon and please don´t buy if you are nervous. can go intraday up 80% and the next day 15% down and up again and so on. volatil stock.



have a nice afternoon.