SNMX faces from a chasm of credibility. With blue chips climbing aboard the SNMX Cannibalism Express, one might think the San Diego biotech good value. But beware.... The investment horizon for Senomyx and partners is very grim indeed... Secret Nazi-style deals, cannibalism promoted by bluechips, hostile Republicans demanding answers...
Monday, September 10, 2012
Coke, PepsiCo using the Senomyx (SNMX) mantra
No. Things DON'T go better with SENOMYX.
But Coke and Pepsi corporations think so.
Pepsi has fought off a US boycott over its dirty dancing with the Senomyx biotech company. Pro-life groups were lied to and complainers sent brief nonsense letters. But PEP won and convinced life groups to put down their plastic pitchforks. Give PEP an A for Crisis Management. Great Public Relations.
However, it won't be as easy to deal with environmentalists and anti-Senomyx regulators. Particularly when the likes of much-maligned Nestles and Du Pont are also up to their necks in commercializing cannibalism as well as food re-creations!!
Coca Cola (KO, CCE, CCA) and Pepsi (PEP) are very much allies. Don't be fooled.
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