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Synta Pharmaceuticals Corp. Message Board

  • boston.bullish boston.bullish Jun 27, 2012 9:05 PM Flag

    Light volume created panic selling

    220K shares in after hours is nothing, I have watched tick by tick and its some clueless sellers were giving it up and there were literally no buy orders. A true test would be tomorrow morning. I believe that SNTA should open anywhere between $5.80 and $6.15. 25% haircut has created a great buying opportunity for a short term trade. I am sure there will be plenty small buyers moving money over here.

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