Based on today's closing prices, the price difference between GRPN & SNTA is $1.77
This gap will shrink consistently in the weeks to come until it reaches zero. They will meet in the $7.50 to $8.00 range.
For those interested in making $$$, the correct action is SHORT GRPN & LONG SNTA
do you think SNTa will keep going up? it jumped 40% today.....seems kinda dangerous at this point buying snta no?
for one thing SNTA cannot be shorted because there are no shares to borrow.
Then there is a large short interest, how soon will they cover is the question.
These people are creating a CANCER CURE, how huge is that?
Earnings come out on Thursday PRE-market. The earnings are insignificant at this point, however lots of good things will be said at the conference.