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Synta Pharmaceuticals Corp. Message Board

  • rich.dan102 rich.dan102 Apr 23, 2014 12:51 PM Flag

    No brainer to invest in Synta

    Bruce Kovner has 29,891,800 shares of Synta . Its value as of today is $129,300,000.00. That's alot of money even if you have billions. I was only trading this stock ,made a decent amount of cash . I now invest in this company ,I don't want to get locked out by trading the stock and miss the ride up . I did my DD the stock looks great and the potential is astronomical . I'll take the daily ups and downs of the pps because the rewards can be life changing

    Sentiment: Strong Buy

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    • what is the chance it trades back to $4 this week??

      • 2 Replies to rlbeard6734
      • It's fine for me, I don't worry. I brought the first time at 5.55 and the lost a lot through the night when it went down. I didn't panic as I did my research and believe in the potential of the company. I kept buying on a dip until 3.93. I now no longer have to wait until 5.55 to get even, what ever is above 4.38 it is pure gain for me. That is why I am even happy if it goes down again before the news, because I can buy more and make even more money later down the road!

        Sentiment: Strong Buy

      • SNTA keeps backing and filling because the shorts are trying to ease out but are still in control of the price until substantial news breaks it out.
        I believe this pattern will continue with next resistance@ $4.57 then backing and filling then resistance @ $4.90.
        The interesting thing will be whether the heavy shorting continues until Q1 E/R on 4/28,taking the chance that there will be no substantial news or whether the backing and filling will continue.
        I absolutely think there is no chance to see $4.00 again

        Sentiment: Strong Buy

0.3430.000(0.00%)Jul 22 3:59 PMEDT