Thursday, February 6, 2014

Chart of the Day - Senomyx (SNMX)

The Barchart Chart of he Day is Senomyx (SNMX). I found the stock by using Barchart's Percent Advance list, sorted for frequency in the last month, then used the Flipchart feature to review the charts. Since the Trend spotter signaled a buy on 10/7 the stock has gained 214.86%.
SNMX is using proprietary taste receptor technologies to discover and develop novel flavor ingredients. These include new flavors such as Savory Flavors and Cooling Flavors, as well as flavor modulators such as Bitter Blockers and enhancers of Sweet and Salt tastes. It is also engaged in a new effort to discover and develop natural high-potency sweeteners. The Company has product discovery and development collaborations with global food, beverage, and ingredient supply companies, some of which are currently marketing products that contain Senomyx's flavor ingredients.


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