It's a fact of the investing life that when you swing for the fences, you will occasionally strike out. Thus far, owning shares of "bioflavor" developer Senomyx (NASDAQ:SNMX) has been a frustrating and losing experience for most investors. While there is still considerable potential in this very under-followed stock, investors have to accept a biotech-like risk that Senomyx will ultimately be a bitter experience and a total washout as a stock.
Everybody's Looking For Great Taste
Senomyx is basically taking a biotech-like approach to developing food additives. The company is harnessing high-throughput screening technologies and taste receptor assays to discover compounds that can safely enhance the taste/flavor of the food we eat - whether by enhancing sweetness (and...
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