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Excellent entry point for SYN after move from Golden Cross
Long
Excellent entry point for SYN after move from Golden Cross
By dakotahnorth
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Mar 6, 2015
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Mar 6, 2015
Expect this stock to move upwards.
SYN, is displaying a descending triangle off of a big move and has support at 2.30.
As highlighted on Bulkwoski's site (
thepatternsite.com/dt.html):
"If price rises into the pattern it breaks out upward 73% of the time."
This company 4 drugs ... one which has shown to improve MS patients, and another which address C Diff. C Diff has been declared by the CDC as in need of national focus. Shortly afterwards, C Diff caused Toronto's largest hospital to shut down a part of its cardiovascular unit.
news.nationalpost.com/2015/02/11/torontos-largest-hospital-shuts-down-part-of-cardiovascular-unit-after-c-difficile-outbreak/.
SYN is the only company to have a drug in the pipe that address C Diff.
This seeking alpha article does an excellent job summing up the potential in more depth for the pipeline.
seekingalpha.com/article/2902236-synthetic-biologics-a-speculative-small-cap-packed-with-power
This link from the SYN site, nicely sums up the pipeline:
syntheticbiologics.com/index.php?s=99
Overall, this company is extremely undervalued and is primed for huge moves over the next several weeks as news of it's MS drug comes out.
goldencross
Pennant
dakotahnorth
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