Synta Pharmaceuticals Corp. (SNTA) Message Board

I think there is probably going to be shares issuance by the company. The story may have leaked and the stock is down. One other possibility is that professionals expect a correction of the market coming and this is the reason for sell.

If it were insiders dumping, they have a heck of a lot more shares to move than current volume would indicate. It has had a huge run up with no correction from $8.80 in a few weeks with no news