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downregul8

05/12/06 6:12 PM

#34751 RE: Dr_Medicine #34743

Dr Medicine – I think what you have just seen was that the price move in the first part of the year from $1.00 to $1.50 was the surprise more than the move back was any kind of punishment. The details in the recent PRs and 10K did not match the expectations and excitement that fueled the recent rise and when there were no updates to support a continued rise some people got nervous, impatient, or maybe took some profit. Couple that with a general retreat in the market and the price is where it is. If cygx starts adding customers at the rate of one to two per month or gets an IND out there, the stock will recover nicely. If they don’t it could drift in a fairly wide range for a while - since there are no fundamentals, it's all perceived value at this point and as you've probably noticed on this board there is a wide range of perception. In the big picture this is probably not a bad entry point – if you’re not too soured on this experience. There are a lot of people that feel if the reason why you got into a stock in the first place has not changed - even though the price is falling, then it might be a good buying opportunity. No question that it’s mentally easier to buy into a stock that’s rising than one that’s falling but if you understand the business and what drives it, you will know when it’s a bargain instead of a dog.


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nc4s

05/12/06 6:25 PM

#34752 RE: Dr_Medicine #34743

if you can't handle it, you shouldn't be here.

You don't understand what this company is or does. The synDNA is something they "discovered" in an attempt to lower their own costs of developing DNA based medicines. It will do that and bring in revenue, also. Sort of an accidental bonus. We are YEARS - YEARS from marketing any actual drug, which is the purpose of the whole deal. NOBODY disputes this. I think you should hold a few thousand shares or a few hundred and don't look for a year or two. Seriously. This isn't an "investment" like buying a going business. You are financing a startup company that may never make a profit. Put a stop in at 40 cents and forget it. It is strictly gambling. A lot of us here think the odds are good, but as a group we are " existance biased ". The people that don't believe don't exist, they are elsewhere.
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david02835

05/12/06 7:03 PM

#34759 RE: Dr_Medicine #34743

Dr Medicine, a fine and decent post considering the mud that got slung at you after your announced sale. It seemed that you were gloating at the rest of us bagholders, but I see that is not the case. I personally am jealous of the price where you got out. This company may be great or it may be snake oil, I don't know. There are smarter people than me on this board and I listen and hope for good stuff. There is one thing that I am convinced of, however, even if they have found the cure for everything, this group of doctor/scientists will NEVER be able to take us to the level of achievement to make us money on this stock. If the snake oil works, let's sell to big pharma, or hope it goes back to a buck and a quarter so I can move on. Take care!