Mr. Friedman,
I have been in and out of SYNT since shortly after it's debut....always long. In fact, I am presently holding a small stake at a small loss. However in view of the heights the stock has hit and it's great fundamentals, I find it very disappointing that the management isn't doing more (as many other respectable companies do) to keep the integrity of the stock. I think it's crazy that this stock needs a 200% rise to reach it's old highs. What do you think is in order?
BTW, I do not post on SI to try to manipulate the members of any boards to enhance my short positions. While I do short, I seriously doubt that SI could swing my positions. Presently I do it VERY short term anyway. If you are interested in reading my past posts, you may find it mildly entertaining to read all the positive ones I posted about SYNT in the past. Mostly due to my Y2K interests.
Also, I wish Mr. Stephen well in the market. My comments were only meant to present a different viewpoint. I'm quite sure Stephen makes his own decisions in the end. But I maintain that fundamentals are not affecting SYNT, nor have they been for a few months. Otherwise, the price would not be where it is. Therefore, I'm using caution.
I use charts to make guesses at support/resistance areas. It works well for me in helping to choose entry points.
I'm not one of the bad guys, just a little pissed off with SYNT, the analysts, and MM's. I have been watching quite a few stocks do very well lately, often with the help of an analyst or two. It would be very easy for SYNT to do the same, IMHO.
Cheers,
Bond |
