Down more than 2.5%. What #$%$ squeeze are you talking about? While I think Q_rip is a moron, you're no better. How would you know about patent filings and partnerships? I think you just make stuff up.
Before you call someone a moron, you should check the transcript from yesterday's investor day presentation. They stated that the patent news would hit within weeks and they stated that partnership news would come accordingly. You don't know your stuff, I do. Next time make sure you read all filings and listen to all calls before you make a fool of yourself.
And you have no idea about tge dynamics of a squeeze. I have done and posted a lot of work looking at the short interest here, Kovner's stake and other investor's stakes. Shorts are in trouble.
Buy at the open and immediately place a good till cancelled GTC order at $5 higher. This will immediately lock your shares out of being used to short and compress the inventory available to short which already is hard to borrow HTB. I have seen this done before and you can get a 20%-25% gap in the stock as the shorts worry about the downward pressure evaporating and the stock rises on increases in the bid to cover.
This is a valid point, at least the bit about previous history. They had a much hyped candidate in phase 3 several years ago, and they burned investors in a bad way. Then this year the way the RD head hiring and firing was handled, especially with the not so good Galaxy data in June left a bad taste. I don't mind when people call it accurately one way or the other.
You do remember that the CEO of SNTA promised a partnership at the end of the year (2011 or 2012) and never delivered don't you? So to say a partnership is going to be announced by the end of the month is a little optimistic. Hey, I hope it happens. Then you throw in the Kovner stake. While that is one of the reasons I like the stock, he's been buying for years and you act like this is a recent phenomenon. Then you throw in the "I've been doing this for years and am the greatest" bs but yet you spend all day on the message board responding to q_rip. I wouldn't be surprised if you two were in the same room posting all day. Love your "dynamics of the squeeze" quote though, sort of funny since the stock ended up down.
No, a recent phenomenon is the sheer amount he has bought, effectively doubling down. And the history of not delivering on partnershipis just that - history. I was simply pointing out what was stated on the calk, and you accused me of making things up. Fact, it was stated on the call. So stick to the task at hand and get your facts straight and don't accuse peopke of making things up when you are either too stupid or lazy to listen to an open conference call that is freely broadcast.
They can borrow my shares I don't care. The stock dropped to scare day traders out of their position. Its a tactic called shock and awe.
There may not be a transcript out yet, but you can listen to the webcast on Synta's website.
Sentiment: Strong Buy
Trand will be foregone,,,well, open green at 6.6 6.65 and maybe can go near at 6.70 in the firse 4 or 5 minutes but immediatly after...i would not be a sherholders!A storm sell like you've never seen will fall on the stock.
But this is obvious,after the 2 day terrible news(like i predict)this can go at 2 or 3 in a moment
So naturally in my opinion,but the important is don't listen the pumpers,the losers they are the evil, maybe the shorts that bury the stock every day!
an idiot that's going to be very rich one day, while the "smart" shorts on this board are left filing for banruptcy
Fast track used to make biotechs skyrocket as investors saw this as a virtual green light for appproval but it's not. Look it up and see what it really means. Sure it has some perks but by no means does it mean sure thing.
That being said I was a bit surprised to see the stock down but when it started to weaken traders just want out.. I love watch the day to say action but in a nutshell, unless you need the money today, it shouldn't mean all that much to you.
I will stick to my guns and repeat that I think SNTA will be 15 by 1/1/14 as eventually there will be news that will end the day trading and bring in real buyers.
Exactly, their track record with SYMMETRY is so bad, that an investor would be foolish not to question if G is headed in the same direction. Especially with all the warning signs you just mentioned. Makes total sense why the short interest is so high.