Saturday, July 11, 2009 9:51:36 PM
Pinksheets , the marketplace for Pennystocks , has rating system (see: http://www.pinksheets.com/pink/otcguide/investors_market_tiers.jsp ) thats rates companies based on their legal paperwork compliance (& little else). Normally , thats the 1st thing I look at when doing DD on a stock. SYNJ's rating (see: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=synj ) is a less than desirable "STOP .. Pinksheets/No Information" rating in big red text. I usually end my DD on a stock w/ that , or the dreaded "Caviot Emptor" (skull & crossbones) rating. The main reason I stuck w/ SYNJ is that it is a 'start-up' (may not be up-to-speed yet -- or are secretive in revealing their cards) and because of 'balamidas's extensive DD post , see: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39025751 and , Tufan123's post , see: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39278727 .
I've also done a lot of my own DD and to answer neverL8's question specifically , I suspect (hopefully) that SYNJ is trying to stay lo-key (including 'showing their cards' w/ a 10K or Q). This is consistent w/ the lack of transparency exhibited by SYNJ so far and the 'secretive' nature of just what SYNJ is really up to and what they've got cooking in the oven. It it were all laid on the table ... the stock would already be to rich for me (or thats what I'm hoping anyway).
I hope we're all right about that ... I for one, have a lot riding on it.
Good Luck to us all.
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