Monday, August 23, 2010
XYNH - Could We Be Looking At Another Run To $.039 and Beyond?
Today XYNH was the subject of record buying volume. The stock surged well over 100% before closing the day at $.0022 up 83%. This stock is starting to get the attention it deserves and the price per share is beginning its climb.
As I said this past weekend, name one trucking company in the world that would not want to save 80% on their fuel costs. Conceivably this is exactly what XYNH can provide for every diesel engine in the world. The revenue possibilities for the Hydro X Assist are simply mind-boggling. While XYNH recently announced the acquisition of Simply Distribution, LLC, this was done, in my view, to provide revenue for research of their Hydro X Assist. What you are buying, when you purchase a share of XYNH, is a $.0022 ticket that could be sold down the road for $.25. I think that price is conservative if this company could market their technology to reduce diesel engine fuel costs by 80%. This is why I think the 52 week high of $.039 price for XYNH shares has a decent chance of being reached and breached in the weeks ahead.
The stock market is a forward looking mechanism. At this stage the market must feel progress is being made in the research. If the research continues to progress favorably and XYNH can start thinking about marketing this product, then XYNH will be the most talked about stock of the year, by a landslide. Share will soar higher than ever before.
Right now absent additional news in the short term, I think XYNH is fairly valued at $.0045 - $.006 a share. That factors in the possiblities concerning the Hydro X Assist, as well as the acquisition of Simply. If XYNH can bring the Hydro X Assist to market than $.25 - $.50 will be easy targets to be hit.
The bottom line is that XYNH offers a highly speculative trade that has the potential to reap several 1,000% percent down the road.
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