Tollsname, why all the hatred toward SNTA? Are you pissed off that you bought the IPO and sold it at a loss the first day? Did you think it had a guarantee it would go up?
Are you a disgruntal ex-employee?
Buying any bio-tech stock is a gamble and never has a guarantee of going up. This stock isn't even a year old (meaning publicly traded) and you are bashing it like it has been around 10 years with broken promises and bad information.
All I know is that the CEO bought a big chunk of stock with his own money on the open market at higher prices which tells me he believes the drug has some merit. Also there are some very successful fund managers who also believe in this company.
If you believe your bashing is going to make the holders of this stock to flee the exits and sell, I think you are making a big mistake. Sometime in 2008 we will know if this company is the real deal and until that time comes, this stock will be manipulated by the market makers and the true believers in this stock will wait it out.
I have found through my past history investing in the stock market, anyone who constantly bashes a stock in the manner you are doing, is usually dead wrong and will disappear from the message board in a blink of an eye as soon as the stock begins its big upward climb because their vendata against the company or individuals didn't work out to never be seen again.
You just have to lov it when people bash a new stock and a new board. It's a total spec play and he got burned already for being stupid. I'll take my chances, knowning SNTA could bust, but also knowing that success could be a short time frame away. I'll wait it out, as I did with MEDX years ago, before that stock went through the roof and made some nice $$$ before I sold it all.
Besides, the MM's will run it up before dumping if SNTA is a bust.