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Biotech / Medical : Senomys(SNMX)- A Taste for Success!!! -- Ignore unavailable to you. Want to Upgrade?


To: gfp927z who wrote (70)5/3/2005 12:34:27 PM
From: im a survivor  Read Replies (1) | Respond to of 192
 
I like the potential for this company as well....My concerns and why I have not taken a position as of yet......They are still in developmental stage and will not see much of any revenues for awhile....down the road looks very, very promising, as they are hooked up with some pretty big players in what should be a huge market, but right now the stock is close to it's high's I believe and has run up nicely....I have been watching the charts and it seems to have very strong resistance at this level......The market, imo, looks rather ugly going forward.....can snmx break above $12 and hold it and continue it's run? Or will it give a good chunk back, due to market conditions and etc?

Again, I really love the future potential for this company, and will be watching....If we get a nice dip, I may initialize a small position to start, but first, I want to see what Mr. Market is going to do, as well as watch SNMX to see if it dips or can break above $12 and make another run....