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Synta Pharmaceuticals Corp. (SNTA) Message Board

  • lurk29 lurk29 Jan 21, 2011 10:40 AM Flag


    The stock lost nearly 40% of the value in a week yet some of the poster claim triple digits in 5 years , 15 by May , etc..Clearly clueless and ignorant of reality.
    This stock was manipulated on the upside and it is now manipulated on downside . TA at this point is useless ,
    this POS has broken support 3 times in 3 days and it is in a free fall. This is deliberate and calculated selling on big volume , only the "guy" who has the shares knows when and how low it will go .

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    • So nothing wrong with stock, so as I have been saying any good news up we go again. News should be around the corner, acording to previous press releases.

    • Then what other news was there that caused the stock price to go up, and then go down?

      Someone bought a lot of stock, ran the price up, and is now in the process of selling that stock. Call that whatever you want, I call it "pump and dump"

    • Explain One thing. Why has the Company members not sold one share during this fall. Why hasn't the person who invested 5 million in stock just a few monhs ago sold. If the writing is on the wall as you say, NO offense but those with the capital I do believe would know more about the stock than you do. Why are they all holding. Maybe because the drugs are showing great results. You never know we could close at say $4.93 and Monday open at $7. My point is they IMO have made great advances with there drugs and products, and at anytime this stock colud explode. I have seen stocks go down, close on a down side and then reopen HUGE. This is the reason I have held on to my stock, and have been adding. I guess I am a believer. In some of there reports it is said that they are so ahead of other Companys in this field.
      Agian congrats to all that have made Money. I just believe there is a lot more to make.
      Always do as you feel, not what I or others advice you to do.

    • Glad to see somebody else recognizes the classic pump and dump. But I do not agree that that necessarily means that there is no long term upside to Synta. I don't see triple digits in 5 years, but if the drugs pan out, Synta can definitely get up to current Dendreon levels.

      But *this* particular rise was caused by manipulation and could not be sustained, which is why I bailed. Why be "long and strong" when you can be "long and weak", and potentially end up with 50% more shares for the same cost?

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