Thu, Dec 25, 2014, 8:39 PM EST - U.S. Markets closed for Christmas


% | $
Quotes you view appear here for quick access.

Synta Pharmaceuticals Corp. (SNTA) Message Board

  • jfk123_1 jfk123_1 Aug 15, 2013 11:33 AM Flag

    A few other interesting points for longs...

    1) Kovner isn't just any insider. He is a self made billionaire. He didn't get that way by throwing away money. He may of course had a few mistakes along the way, but I would venture to guess that by this point he wouldn't be doubling up on what he thought was anything but a sure thing. That is effectively what he did when he bought more at the 5 level this summer. If he wasn't sure, he wouldn't have bought and would have waited for a bounce so that he could dump his shares purchased above 8 (20m dollars worth in December of last year). He wouldn't double down.

    2) This company owns everything. 100%. Very rare for a biotech at this stage. You should have a think about the implications of this going forward. The value that flows to shareholder is potentially enormous. Another reason why Kovner would be bullish on this stock.

2.63+0.02(+0.77%)Dec 24 1:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Yahoo! Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Virgin America Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST