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Biotech / Medical : Synta Pharmaceuticals
SNTA 0.343+26.6%Jul 22 5:00 PM EST

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To: kenhott who wrote (26)10/11/2007 4:56:25 AM
From: mechanicaltrader  Read Replies (1) of 112
 
i was one of the pre market buying fools. Normally sticking to my mechanical system I was making some small day trades on the side lately. They were going pretty good because I was following a good trader I know. This trade I entered because I did coincidently see the news on a message board and some other fools were shouting that this could be "the runner of the day". It looked like an easy trade ....

The other guy is right. It looks so similar to what happened to ARIA on 7/12/2007. Pisses me off but this is the game that is being played and has been played all the time. One could have known ... the unprepared pay the price.

Guess I am a long term investor now in SNTA. I only have a small position and the company clearly is a winner in the long term (I hope :) ).
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