SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : PYNG Technologies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: naturalperson who wrote (7559)8/6/2005 7:52:22 AM
From: grounded  Read Replies (1) of 8117
 
I agree with natural.

I also have been involved in Pyng (in and out for years) and always believed in the company and product. During the last few years as Pyngs share price floundered I bought up as much as I could. Although, conventional wisdom indicates that I should sell now with my current profits I am holding on because I know the share price still has a huge upside potential.

I don't believe that Pyng can reach the levels that have been suggested (i.e. $6.00) with out a growth plan going forward. For example, when QLT had it's drug (visudyne?) in development it was trading at huge multiples due to the future potential revenue stream. When the drug was rolled out the share price went down because of the perception they had nothing else in the pipeline and now they are trading at under $10.50 with hundreds of millions in revenue and millions in profit because of the fear of competition in FUTURE years. Investors trade on future revenue and future growth not where we are today, and if you don't plan for it now the share price and company will suffer.

Nobody is suggesting that Pyng should actively acquire another company NOW or develop another product NOW ...but they certainly have to start talking about the prospects for future years as the FAST1 product matures to reassure investors and as responsible managers they must start to strategically plan now for the coming 10+ years...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News