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Synta Pharmaceuticals Corp. Message Board

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  • bosiedude bosiedude Jan 9, 2013 12:17 PM Flag

    Another great day for SNTA!

    Definitely crazy, and I guess bold too..
    What the 2008 market collapse showed us that, in reality, no stocks are completely safe and immune from catastrophe. In addition, we are much nearer the end of this bull cycle (perhaps up to a year left maximum), than the beginning. So, in my view, investing in stocks right now is fairly risky--even blue-chippers.
    So why take the risk in the market now unless their is a potential big reward? Only biotechs give me the risk/reward benefit that I'm looking for. I'm not going to risk new money now on blue-chippers for a potential 10% gain, when the downside risk could be 50%, if we cycle downwards again! But biotechs still have a potentail massive return. All I need is one of my top 4 holding to hit, and I'll be fine...

 
SNTA
2.07-0.05(-2.36%)Aug 3 4:00 PMEDT