That would be illegal, nobody knows the data, not the CEO, this RD Head that left, analaysts, not a single person till the 15th, they are locked up, the weak fall off and hit the bricks, I am buying here in truck loads.
Easy there...I'm just trying to help you out and save you some coin. Here's from the 8-K. This should shock and long into sense, but somehow, the long bag-holders here seem to think this is GOOD news....plus management radio-silence pretty much says it all...
On May 5, 2013, Dr. Sumant Ramachandra resigned, effective immediately, as President, Research and Development of Synta Pharmaceuticals Corp. for personal reasons.
Of course that is absolute non-sense as the Galaxy data is ALREADY good. The Docetaxel only arm already reached MOS that was consistent with historical norms. The Ganetespib + Docetaxel arm is well beyond that time and hasn't yet reached MOS. What we are waiting to see at the ASCO interim report is whether Ganetespib + Docetaxel arm has 1) reached MOS, and 2) whether the improvement in this arm vs Docetaxel alone is reaches statistical significance.
By the way, the guy was only there for 6 weeks, so stop acting as if he ere a long-time employee.
You are about to get crushed in SNTA. When a chief scientist leaves shortly before data are released, that is tell-tale sign the data are horrible. If that weren't the case, management would clarify what is meant by "personal reasons." You are going to be kicking yourself soon, saying, "why, oh why didn't I see the writing on the wall?"
dawg, I had a dollar amount I was willing to buy yesterday, but only bought about 1/2 of that amount. I held back because idiotic moves like the drop yesterday (based on nothing of any real value) often take a day or two to stabilize. I think what happens is people are so worried that they aren't privy to some super secret insider info, that they panic and make rash moves by following the crowd. I will see where SNTA fares today and maybe tomorrow before making an other buy. I do so enjoy getting bargains. To paraphrase Robert Duvall in "Apocalypse now"; I love the smell of panic in the morning, it smells like victory!
This thing is tanking big time....chief scientist bolted because data are terrible...this is why management is radio-silent....time to run for the exit before this is $2....do the right thing
haha, i didnt realize the 3 number thing. Also, one word responses., i wonder if people believe it though. Lots of dummies out there.
The best part is the handles, they are always a basic name followed by three numbers, imagine being the loser that has to troll around these message boards and post this then reply to people all day who give a rats #$%$????
I watched this rocket up to $50 over the last year while still on the sidlines.
It has recently correctly significantly down. Finally pulled the trigger today on it and bought at $33+.
I realize it's a falling knife, but I decided to take the plunge. I really want to own this stock.
Too risky with the head of RD out after such a short time. Good luck if you are staying in.