Yes, I was up big on it the last few trading sessions and did some profit taking. SNTA is a good company, it always is having a successful developments with its pipeline, at the same time its burning a lot of cash. Its often extremely volatile, shooting up big on no news crushing the shorts, only to fall back down the next day. Its a good trading stock as its very range bound over the months.
I have a position in SNTA. They have some interesting IP in their HSP90 drug conjugate program, and though it is very early in development, the workups to date look promising. They have patented hundreds of HDC compound combinations, and I view an HDC partnering process as inevitable. In addition, their lead oncodrug candidate, ganetespib, has shown some interesting results...including a couple of CRs in TNBC. Bruce Kovner and Caxton investments hold a very high percentage position in SNTA, and I have tried to buy when they do. The HDC program - if successful - would strongly differentiate SNTA from all existing biotechs. HSP90 inhibition will likely find some treatment space in oncology, and ganetespib has a comparatively reasonable AE profile. JMO
But of course he does...that's why he posts 24/7 on the EXEL message board!!
Wilderguide, you seriously need to seek professional help. Even with blown off hands alarm EXEL, there is still hope for even you.