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: Barry Moss who wrote (412)12/9/1997 6:14:00 PM
From: Bernard Elbaum  Read Replies (2) of 8117
 
The co. is reporting only good news as far as I can see. It's hard to take the price level of the stock very seriously when trading is so terribly thin. I think it means someone is selling their losers and noone is buying.

The big question is why is noone buying. Pyng management is implying that the medical community is very conservative and is not likely to start spreading the word about Pyng's potential until after the field trials are well on their way to successful completion. It is plausible that if the only ones acquainted with the Pyng device today are a few key doctors, that word about the co. is just not out yet. Buying penny stock on the VAncouver exchange with no sales and little capital is also just too risky for most.

But I remain somewhat incredulous even now, and will be really puzzled if the stock doesn't start climbing a few months from now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext