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Biotech / Medical : Synta Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?

To: kenhott who wrote (25)	10/10/2007 8:20:17 AM
From: kenhott	Read Replies (1) \| Respond to of 112

<reply> Yup, 700k shares and people who got in early are getting out. Now only up 25c.

To: kenhott who wrote (25)	10/10/2007 8:53:43 AM
From: rkrw	Read Replies (1) \| Respond to of 112

snta had telegraphed to the street and investors to expect a major deal this year. So the recent run up can all be attributed to that. I won't be surprised to see snta go down or today, people who bought for the deal selling on the news plus people shorting on the news. Similar to what happened to Ariad after the Merck deal. ph3 results setting up as a huge late 08 binary event. Bound to be a lot of skeptics and short sellers in anything melanoma.