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Holycow, I think that the company may announce that it is pursuing a use for Syn DNA in the field of Agriculture. Just hearsay, but it appears that it may offer us an opportunity to get this company going somewhere in the reasonably near future. I have been told by knowledgable people, including Bigworld here on this board, that patience is required here. My gripe is the pathetic communications to the stockholders and the world about what we can all expect. Am long and am trying not to be a wet blanket.
I really appreciate the positive posts here considering the mind-numbing 10-K. I am learning patience here only because of the fine postings from knowledgable people who are familiar with bio-tech. If this company was Japanese and the CEO filed the 10-K that I read, he would be honor bound to fall on his sword! LOL
Jouster, any good TA on this stock. It appears to be sagging under its own weight at the moment. The stock appears to need good news like we need oxygen. If no good news comes for a month, any thoughts? TIA
Bigworld, thank you very much for your thoughtful reply. I was hoping for the good luck of finding the right entry for investing in the next great discovery here, which I heard about through friends who I respect very much because of their great success in business of this sort. I am 59 years old and have done reasonably well and have found myself behaving like an impatient youngster with CYGX. I continue to think that they have poor PR and hope that their "science" is not eclipsed by other harder working and more determined minds! Thanks again for your thoughts.
Bigworld, I respect very much your postings and regret only that I don't have the medical or scientific background to appreciate a lot of the material you post, but I think that I get the gist of most of it. On the other hand, I have extensive experience in business and the growing of certain types of companies. I love the promise of the synDNA "product" but do not like the way the company portrays themselves and feel that their PR's are so anemic that they are confident of future financing regardless of the fairness toward current stockholders. I am not a basher. I am long but don't know how long "long" is in reality. Should I throw this one in a drawer and check it out next year? Please answer.TIA
Jackcb,that was the most irresponsibly written article, purporting to be news, that I have read in a while. It would be great for the economy and the bulk of my portfolio if it came true, but:
OPEC has stated that $60 pb is a fair price, for now.
Venezuela is planning to tax oil recoveries to keep the
ppb above OPEC's
The canadian oil sands can't deliver oil much below a
market price of $50 and justify their investments.
American experts point out that oil is a controlled
comodity, and we will never see oil as low as $50 ever
again.
China and India have stated that they will compete for oil
resources wherever thay can.
I am not an expert but read a lot on this. I think the article you cite has an agenda and something to sell. GLTY
ts1226, no wax? Are you sure? The movie had Jason having himself tied to the mast because he wanted to hear and the crew with wax in their ears, No? Sorry, but it's been awile, thanks. LOL
Maestro, that's what Jason and the boys did. LOL Do you think that Oilphant is afraid that we will hear so much BS hear that we will run our ship on the rocks to end the pain? Take care, and I agree with you not mba for the next few years. After that the P/E will matter if you're on a major exchange.
Maestro, I think that you are right on. When reserves are proven, or strongly probable, the worth of this company will be based on the present value of those reserves being produced at future costs and market values for oil. I don't think this company will ever be strong enough to produce the oil or be an active partner in doing so. I think our money will be made selling our rights to an operator as opposed to waiting the years to get to production and establishing a P/E. I admire the projections of our worthy friends on this board but I think it premature to guess at PPS based on unknown reserves and the difficulty of projecting future values for oil, which could be as high as $100 pb (forget the $50 and $60 range according to many experts). This just my humble opinion.
Thaliowizard, I am not a pumper or a democrat and if you read my posts I think you will see a balanced approach to discussing both the pluses and minuses of this company. I am new to biotechs as investments and so most of my posts are questions to the more knowledgable people here. The people who have been here for a lot longer than me seem to feel the company has reinvented itself with the development of synDNA and will now produce results. Your posts are repetitive, unhelpful, and insulting. Is it your passion to provide balance that brings you here or are you a disgruntled former employee? If you hate CYGX so much, why waste som much time on it? GLTY
Platina, do you think that our Nigerian warlord is a warm fuzzy guy that wants us to feel all comfy about our investment? LOL What I want to know is why the gang in Houston is so mum on things and not better at PR. I agree with you but there is reason to pay close attention to this investment. Get some rest and promise yourself that you won't let the tax issues go to the last minute ( like I do). GLTY
Lowman, thank you for your thoughtful response. I look forward to success with this stock.
Thaliowizard, I have been reading this board for quite a long time and you have never said anything positive or even interesting. Why are you here? You are an unhelpful wet blanket and bring nothing to the table. Please go away and get a job.
Downregul8, Very well stated and interesting post, thank you. I think this board is the most helpful and intelligent one I have seen. The differences of opinion are civilized for the most part and criticisms of the company seemed aimed at making things better. I wish the company cared as much as you and a few other learned posters about educating and updating the shareholders. GLTY
Lowman, thanks for your thoughts. I am invested here on the advice of others in the energy business and am long. I would like very much to have a projected time line for the company getting to market. Their PR's are a little wishy-washy on this. I love that are keeping good company but also hope that they care about the stockholders as well. GLTY
Maestro, I'll bet you are exactly right, they didn't have enough to ante-up for the next hand at the poker game. What Snow doesn't seem to understand is that these fees being paid for the rights on unproven resources have nothing to do with the eventual value of those resources or the value of the stock in the companies that are paying for the rights. Proven resources will determine the future value of ERHE's rights. I gave Snow the example of CWPC paying under $1 million for lease rights to explore hundreds of thousands of acres in the oil sands region in Canada. Now that reserves are stating to be proven, the stock is worth billions. This is our hope for the future worth of ERHE.
Snow, what companies pay for the rights to drill for UNPROVEN resources has nothing to do with the future value of those resources when PROVEN. It is like putting up an ante to play in a game of poker. CWPC paid under a million dollars for lease rights to hundreds of thousands of acres in Canada holding UNPROVEN reserves of oil sands. Now that the reserves are starting to be PROVEN, the value of the company is in the billions years before there will be any removal of the oil. ERHE will be valued in the same way when the resources are PROVEN.
Bigworld, thank you for paying such close attention to the progress of CYGX and passing along your thoughts. A lot of it is out of my area (and over my head) but I have done a lot of DD for a layman and have some of my doctor friends on board here. PR is wanting here but this will grow in spite of itself. GLTY
Ocelot, I am not saying to focus the company's business plan on hype. I agree that the most important things going on are the science and the testing, etc. I am merely pointing out that good communications is a plus for any fledgeling company. For instance, the top scientific mind in the company may not be the best presenter they have, so they might look for a good presenter to dicuss the company's products at a conference. That's all. I agree with you about the proof of the pudding being in the eating.
Hetty, you seem enthusiastic here, do you have a confidant in the Company who could help us anticipate a time line for som success? TIA
Kancamangus, PPO shares are often "restricted" shares that can't be sold for 6 months to a year. They are often offered at a price below market or along with warrants to buy the stock for a certain price down the road.
Ocelot, We don't need "snake oil salesmen' or "car salesmen" to pump our stock and peddle our goods. It might be helpful to have a good PR firm assist our hard working doctors and scientists in their communications efforts. These things are billed on an incremental basis and are not necessarily expensive. CYGX paid Dutton & Co. a ton of money to write a fourteen page update recently; that might have been a waste of money. I agree that the Company needs to spend smartly but putting some money to get help in creating good PR's that cover what are often very difficult and technical news releases might be a good idea. No pumping or hyping, only the truth in a well written and timely fashion.
Downregul8, Thank you for your very helpful thoughts. You sound as if you put a lot of DD into this stock. I have a much better feel for a practical time line for CYGX as an investment. Your observations of past performance and projections for the future here mirror another pharma stock I have been involved in, DDD, which doesn't have as exciting products as CYGX but has been experiencing the rate of growth that you describe. I hope others read your post. Thanks.
Houndish, no source of any reliability to quote. I only mentioned it as wishful thinking that I heard from people who want this company to happen. Texas talk, not NE.
Neo43, thanks for the reply. I understand how careful they have to be picking the right people. I have become a little frustrated recently with their efforts. Still long!
gdepc, only hearsay stuff. One associate who knows a "friend of a friend" hinted at the possibility of CYGX's science being far enough along in non-human tests to be ready to assist in a way that interested the dept. No proof and no quotes. Interesting though, no? I am long here but not a pumper, just trying to learn what is going on. GLTY
Neo43, thanks for your reply. I think they have had one in the past and are about to get a new one in the future. They need one now in my opinion. The cost would be incremental and cost less than Dutton's diatribe, which many readers thought to be sort of fluffy.
Dune, let me help here. No way does this qualify for an investment for a fund unless a client asks for it specifically. Nigeria is a red flag and forget $1.00, $5.00 is more a rule of thumb. A major exchange is almost a must for clients, but many firms have house accounts and do take positions in stuff like this, usually in a fashion where we would not recognize their presence. IMHO
Onefreedude, could this be a computer talking to us that hasn't been notified of the suspension? I hope we get lucky, but the fact that the company hasn't said a thing, which costs nothing, kind of says it all for me. I'll hang in there because I have no choice! LOL GLTY
Longjohn, thanks for your reply. I think that I am being ignored by some here because I am pressing for info from the company or its (probably non-existent) PR firm. I spent some strong DD today and think we may hear something to do with some interst coming from the dept. of agriculture soon. Pure hearsay and spec. and no hype here! I am long here but would love to hear something of the plans for CYGX. I can't translate a lot of the biotech input from the smart guys on this board, who I respect very much, but I do know a bit about how business. GLTY
Cool heads prevailing on this board. I read most every post and am learning a lot and appreciate the experience and insight of our more thoughtful posters. I realize that it is not helpful to post angry criticisms of management for sure, but I would love to hear from our more learned people on time lines for the possible success of our company and what they consider appropriate company PRs. I am long here and believe something good will happen soon. Is soon 3 months or 3 years?
Holycow, I don't question the ability of management as Doctors and scientists but only in the area of public relations. Many companies feel it is their responsibility and a benefit to the company to keep their stockholders and the public at large educated and informed. CYGX falls short on this issue. Sorry to sound like a wet blanket today. I don't expect instant success in all my investments but I would love to have a feel for a time line for this one.
Wow, tanking on low volume. Nobody snapping it up on the dips I guess. Could it be just a few weak hands throwing their shares out at market? I thought that once we got through $1.50 we'd be off to the races with a little good news. I wish I had a feel for the time line for the success of this company. I have been told everything from "good news coming soon" to "years down the road to get to market". Company PR's have been zero help on this issue. Can anyone talk to the company directly on this? Sorry for the whining post.
Holycow, I need cheering up. Reading some of the recent posts about our biotech sector from some of our more learned posters I started to lose some faith. I don't follow the doom sayers and do my own DD, but I hate it when I see the "learned" posters waffle on no real news after posting incredibly lengthy "go for it" diatribes. Give me a break! Sorry to rant and thanks for the reply. GLTY
Please tell me you bright guys are not buying into the Elliot Wave crap. This is a self-fulfilling prophesy of self doubt and no safe havens. If you are, you can kiss speculative stocks good bye. This company stinks when it comes to investor relations, but it may make it in spite of the Doctors who run it. Hang in here and put some pressure on the prima donnas!
Tryoty, why do you think that CVX has to acknowledge the straddle. CVX is not a bunch of warm, fuzzy guys that are out to help their "buds" in the neighboring block. If they could suck out all the oil in our block by drilling a hole near the border without getting caught, they would, or I would sell my CVX stock because I would have lost faith in them. With all due respect, the only way we will know the true results of the first drillings is because the countries that have the area rights will demand cooperation between the drilling companies.
Platina, a poster here, showed a good example of what happened in the north sea area when oil reservoirs overlapped and companies were compelled to collaborate in drilling efforts. I would be surprised if CVX would give us any advice that would help us, unless it would help them eat our lunch down the road. I am long and like our prospects in spite of the zip PR. GLTY
Thaliogizard seems to have forgotten his lines. He may have been too busy bashing elsewhere but I miss the old "they're still in pre-clincals" and they (no quotes) have to dilute the share value to make payday, etc.LOL The only thing I agree with this guy about is the crapola public relations.
Thanks Blindinvestor, I've had one of those days where all of my selfish little OTC stocks have decided to let us rot in the dark. Take care.
Rockawayrich, great stuff, thanks. EOM
Trade2much, you bet! Just my point. Where do these others guys get their very conservative numbers for calculating reserves? Maybe my message wasn't clear enough. Projections of oil below $50 are unrealistic; below $60 would be temporary IMHO.