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Synta Pharmaceuticals Corp. Message Board

  • knewcomer1 knewcomer1 Aug 21, 2013 8:29 AM Flag


    I just wanted to say I really appreciate all the information you provide. Thank You

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    • My pleasure, no problem. Good luck in your trading/investing.

      • 1 Reply to jfk123_1
      • I think you will see some cautious trading as people try to digest those big blocks from yesterday an understand which way they were driven. And you could see some short covering if the crowded trade starts to think that someone was unwinding their trade. It is hard to tell exactly. You will have people waiting to see whether Kovner had the MM deal him some accumulated shares, waiting for the SEC time limit on reporting insider trades to expire. You will definitely have people interested in what was going on. And looking to trade off it once they feel comfortable in their knowledge of what transpired. But it was far from normal for a mid cap like this. Things generally change one direction or the other - big, after trading activity like that. Good luck.

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