Shares of Synta Pharma. (NASDAQ: SNTA) are lower on Tuesday, a moved tied to the resignation of the company's R&D President Sumant Ramachandra. The resignation was revealed in SEC filings late on Monday, and no reason was given, leaving investors guessing.
Commenting, Roth Capital analyst Joseph Pantginis said the timing may be viewed as negative by investors ahead of Galaxy-1 data presentation at the ASCO meeting in June. However, he doesn't think the resignation is cause for concern. In fact, he sees today's sell-off as a buying opportunity, as he expects positive data at ASCO and plenty of positive news flow in the days ahead.
Roth Capital has a Buy rating on Synta Pharma. with a price target of $18.00
Same here...Been buying since .39!!
That was enough to make me buy yesterday @ 69 cents!
Sentiment: Strong Buy
Yahoo is jacked up.
Holding since 39 cents and bought a few times in the low $1 range.
Sentiment: Strong Buy
We should be seeing $10 soon!
Sentiment: Strong Buy
Excellent!
Sentiment: Strong Buy
Looks like the rally is fizzling out...this stock can't hold a nice gain.
Over $10 after this shakeout!
Sentiment: Strong Buy
I agree!
Sentiment: Strong Buy
u got it all wrong! u do the opposite, downgrades mean buy and upgrades mean sell.
Sentiment: Strong Buy
they will be back when it sells off on profit taking.
Sentiment: Strong Buy
October 1, 2012 7:28 AM EDT
SNTA Hot Sheet
Price: $7.62 --0%
Jefferies boosted its price target on Buy-rated Synta Pharma. (NASDAQ: SNTA) from $15 to $22 following a positive Phase 2b GALAXY update.
"We are encouraged that the overall survival data continue to show a strong favorable trend," the analyst commented. "We spoke at length with three GALAXY investigators who were bullish on the data and the safety profile. Although more maturity of data is needed for confirmation, we believe that strong ganetespib activity has been demonstrated and would be buyers of the stock."
Sentiment: Strong Buy
Hopefully we see $10 soon!
Sentiment: Strong Buy
snta
hmmm...where is stockstoshort???
I guess he watched and got a big rod up his @$$!!
just saying
Thanks Kay!! Just a matter of time before we go wayyyyy uppp!!
what's this 0 for 50?
no balls to post today...
just saying
if pronova was the greatest thing since slice bread, there would be no need for It to be posting every nanosecond.