Ive looked at the extensive pipeline etc, seen that the Baker Bros are invested etc...SYNTA has a great backing! This is why I'm choosing to go long. Maybe I didnt look hard enough but are there any near catalyst, Ph3, Ph2 trials coming, any help would be appreciated.
Do your own DD and not listen to the people on yahoo finance boards, shorts will jump in now so they scare weak hand to sell then the can cover.
SNTA has a huge pipelines as well as huge insiders buys therefore, a great potential here: I believe partnership is in the cooking right now and probably a buyout is coming and I would say the second option and this stems from the fact that a CEO is not hired yet; probably negotiation of a buyout is happening at this moment, who knows.
Any way, as far as I am concerned I am sitting on a gold mine: I have 17 thousand shares of SNTA at average price of 4.03 for long term and I am not willing to sell under $20, plain and simple.
Thanks stokwatcher, I appreciate the help. I've been in Bio's for quite some time. I looked over the pipeline but didnt see any expected dates of completion, I could have overlooked? I was in CHTP as a Long, and the Co was quiet for almost 3 months- sure enough a Buyout, can't say I was impressed w/ the terms after all that time but again they only had 1 drug. Anytime I see the Bakers invested i feel confident and I hear this Co has a couple big Tutes on board.