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Synta Pharmaceuticals Corp. Message Board

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  • syenfrout syenfrout Sep 14, 2011 10:46 AM Flag

    Bruce Kovner adds 153k shares; 12.9M total holdings

    The article had no mention of his rationale investing in Synta.

    He also stated that:
    "Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I’m getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis… I always put my stop behind some technical barrier.”

    I guess SNTA hasn't reached that yet since he keeps buying.

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