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Synta Pharmaceuticals Corp. Message Board

  • cosmicgene cosmicgene Aug 1, 2014 10:05 AM Flag

    Pump and Dump

    Please read my earlier post, when I bailed out on the spike due to a clinical trial report. It went up to $4.97. I told you that it is a pump and dump .Why do you think it is down almost 25% with a positive news? It is being played by the MMs. Be very careful.

    I would wait for the down trend to continue to low to mid $3 and then reverse with a positive news. Since it is low float, you will see same spike as Puma, if it really has a license or other new molecule or partnership. But be very careful.

    I will rather load up on ARIA, which is holding very strong despite market sell-off around $6. It is sure play in coming months...

    Sentiment: Hold

 
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