SZYM also up every day this week. Now over $11. I guess people are starting to take their new factories seriously.
Saul
1 Like
SZYM also up every day this week. Now over $11. I guess people are starting to take their new factories seriously.
Yes, with SZYM, I am back on the plus side. THis is a stock that grew on its own (by me reading about it and buying more) into a full position and it hasn’t earned a profit yet. Imagine when it does!
I never worried about this one, at least coming back to my buy in price. Now we shall see if it can live up to its tremendous potential. If it does, I’m going on vacation.
Mykie
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mykiemon,
What do YOU see as SZYM’s tremendous potential? Thanks for sharing!
Nate
What do YOU see as SZYM’s tremendous potential? Thanks for sharing!
Hi Nate,
Where to begin…
- Their process to convert algae to something saleable takes a few days whereas, the competition needs substantially more time as they do their conversion outdoors.
- They have partners in sales efforts as well as manufacturing that are world beater; Unilever, ADM,and several other large and impressive names.
- They have tested one particular product, ENCAPSO an oil well drilling lubricant, for years and in at least 5 different locations with testimonials from users that speak of the product as revolutionary and saving them millions of dollars. One of the testimonials that I particularly paid attention to was by the inventor of horizontal drilling who can now drill through 40’ of rock in the same time it used to take him to dril through 2’ of rock. He also thinks it will save him a drill replacement which costs a lot,(millions).
- Another product replaces palm oil which Unilever uses in the world’s largest selling soap brand and who also has a contract with SZYM to replace palm oil with their algae.
- They have a facial moisturizer selling presently in la large and prestigious department store, (name escapes me but where I bought my last leather belt).
- They have enough money to NOT dilute more for the next year or more.
The main issue with growth according to them was scalability. THey have recently brought online their 3rd manufacturing facility in Brazil and once it is shown they can produce their products in large amounts, the orders should be rolling in.
So they are in several different market places (food too but I think they will greet great resistance there even though it may be misplaced…think a harder sell) that are huge and additionally, we don’t even know where else they may pop up with a product.
Please do your own research however, since I am known to miss lots of facts, be inaccurate at times, misinterpret, confuse and glom on to the wrong points at the wrong times.
6 Likes
Mykie,
I think you make too light of your contributions to these boards. Thanks for the information that your are willing to provide.
Andy
3 Likes
Mykie,
I think you make too light of your contributions to these boards. Thanks for the information that you are willing to provide.
Totally agree!
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And your humility and self-deprecation is refreshing. Thanks Mykie.
Jim
3 Likes