I wouldn't try and engage him in any conversation. When I first got on the SNTA message board he was more insightful, since he sold he just spouts nonsense.
That said he got out near the yearly top and made some money.
I'm still positive and still holding.
Youre right...snta has acted poorly these last couple months and there could have obviously been better places to put our money, however, hindsight is 20/20. I guess most of us here are patiently waiting for a partnership and hope management doesn't disappoint us. Are you only trading SPPI now?
Well, obviously, anything that loses less than 20% of it's value in four months time. That would include the bank, your wallet, your mattress, places like that, all of which would have been a better place to put your money than SNTA.
I think snta is going down probably because biotech traders are losing patience with snta probably because no partnership has been announced yet and that there is no other catalyst that I can think of except their presentation at ASCO within the next couple months. Finally, my call options have lost about 13% since I have lost bought them but then they dont expire for another 219 DAYS. Good luck everyone and hope we all make money.
I have to admit sppi has been a good pick for you.
I do believe SNTA 1 year ago may of been considered a perpetual dog ( your words ). Looking at what SNTA has on the table at this time I believe your way off. You dont need to reply as only time is going to prove one of us wrong. Someone bought 300,000 plus shares on friday, late last year someone bought $1,000,000 ( 1 Million ) worth of stock. They have the only drug which has shown SAFETY, have evidence of shrinking tumors.They have come out and said they are in partner talks with some, and exspect a partner. What more do you need. Like I said time is the only enemy we have here. Lets see where the stock is trading in a few months from now.
What 50,000 sold and the float is what. So today a minute amount of the float traded big deal. With everything that is happening and about to happen. Partner in the near future, drugs with excellent results, all the seminars that they are attending, this imo is a winner and anyday now a great news annoncment could be released moving us up to where we should be.