PYNG - A Hyped Stock... Not!
PeterS. I strongly disagree with your insinuation that this stock's share price has increased mostly if not completely due to hype. If you would take the time to take a good hard look at the underlying fundamentals, you would surely change your stance very quickly and see the mid to long-term potential is far above current prices.
The current level of around $6 Cdn is more than justified by sound fundamentals. Let's examine some of the major ones: has a patent on this technology in effect for the next 17 years, has secured FDA & Health & Welfare Canada product approvals, FDA hails FAST as a revolutionary breakthrough in the way vital fluids are quickly and reliably delivered to trauma & shock victims, has completed clinical trials throughout North America, is now training staff at trauma centers throughout North America & refining training procedures on how best to use the product, is gearing up for full-blown manufacturing and production, has received acknowledgement from the medical community which validates viability and usefullness of the FAST system in real life situations, etc, etc.
Savvy investors are wise to spot and invest in rare opportunities such as this one before the product hits the market en masse & before the rest of the market realizes the true potential of this product & decides to invest in this stock. By then, significant profits will have already been amassed by those who have foresight. But it's not to say there doesn't remain further profit potential for those who decide to jump in midway in the game.
Folks have been willing for years to invest in companies well before their products hit the market. A few examples include Ballard Systems, Metronet Communications and many of the Biotech companies. Trust I've got my point across. Best of luck in whatever investing decisions you make. |
