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Synta Pharmaceuticals Corp. Message Board

  • slimjim2005007 slimjim2005007 Oct 16, 2013 12:58 PM Flag

    good results snta would open and move up to the low 20's

    some of that due to the high 18.5 million short......not many shares left, its like 10 people playing musical
    chairs with only 4 chairs, roughly 40 million float and 73% funds & inst. own.....18mill shorts are going to burn

    Sentiment: Strong Buy

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    • Big Jim, I don't mind if you are speculator or investor. You have your right. I don't put too much hope on short squeeze anymore. But my curiosity drives my attention to understand more Wall Street game. Who the heck are those shorts? Why are they still shorting a stock of which the big funds own 100% shares? Basically the longs can manipulate the price at will. Even when SNTA have another disappointing news, they can still keep the price not down. The shorts have no way to make money by shorting at this level.

      I wish you don't just post pumping messages, but share more insights with your knowledge and experience. thanks!

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