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Syntroleum Corporation (SYNM) [hlAlert]

Rating:
Underweight
SYNM
up 583.58 %

Syntroleum Corporation (SYNM) downgraded to Underweight by HSBC Securities

Posted on: Monday,  Mar 15, 2010  8:25 AM ET by HSBC Securities

HSBC Securities rated Underweight Syntroleum Corporation (NASDAQ: SYNM) on 03/15/2010, when the stock price was $22.90. Since
then, Syntroleum Corporation has lost 85.37% as of 06/06/2016's recent price of $3.35.
If you would have followed this HSBC Securities's recommendation on SYNM, you would have gained 583.58% of your investment in 2275 days.

Syntroleum Corp. is a developer, owner and licensor of a proprietary catalytic process for converting natural gas to synthetic liquid hydrocarbons, generally known as gas-to-liquids, or GTL technology. They sell licenses to use their GTL technology, the Syntroleum Process, for the production of fuels, and plan to develop and own GTL plants based on the Syntroleum Process that produce refined specialty products and fuels.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2010 8:25 AM Sell
None
22.90
as of 12/31/2010
1 Week up  14.81 %
1 Month up  12.97 %
3 Months up  13.90 %
1 YTD up  29.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2009 8:25 AM Hold
None
9.40

(*) Stock Price at the time of the recommendation.
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