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Synta Pharmaceuticals Corp. Message Board

  • jfk123_1 jfk123_1 Sep 27, 2013 9:48 AM Flag

    The Street, aka the shorts tool puts out a positive article now?

    Adam Feuerstein has been riding the fence a bit on this stock, more short than long leaning. Now his hit mag has put out a relatively bullish piece on the technicals here. Maybe they are starting to switch over to the long trade. I watch that hit mag all the time, and they usually coordinate across their authors. Interesting.

    And they are giving technical targets above 7.30. So either they are starting to concede the 7.10 resistance, or trying to damage control here and move resistance up to a point where they can contain the damage.

    They are the shorts mag, so when they come out like this and say something, they are in contact with the short interest and hedgies and are working overtime.

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