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Synta Pharmaceuticals Corp. Message Board

  • extractofhuman extractofhuman Nov 3, 2011 10:57 AM Flag

    Closing Time

    On the CC, they made it sound like SNTA was being picky about what kind of partner they wanted-the assumption being that's why they don't have one. I do wish some analyst had pressed harder on the cash burn issue. Having outside investigators pay for studies lessens the load, but as they admitted,they don't even have insight into those studies until released. And for the stock to do anything, they need money,which means they need a partner. It's getting near closing time, how choosey do they want to be? But hey, if I wanted safety I would buy T-bills. (and get paid squat)