I am retired and have a question...

[Skatastrophy]

Awesome anecdote, MU82! I'm glad that everything is working out well for your family.

Your sentiment resonates with me: Your wife is working because she wants to, not because she has to. That is how you know that you're following your passions!

[ChicosBailBonds]

Awesome anecdote, MU82! I'm glad that everything is working out well for your family.

Your sentiment resonates with me: Your wife is working because she wants to, not because she has to. That is how you know that you're following your passions!

God bless you both....to be able to work because you want to.  Haven't been in that situation ever.  Some day.

[MU82]

Thanks, Chicos and Ska.

Truth be told, I had a pretty good job and planned to keep it at least until my mid-50s. But sometimes life happens ... and recessions happen ... and bad management happens. And so a person just has to deal with it. Obviously, I'm a fortunate guy.

Now back to the subject at hand ...

There was at least one poster who said this topic was worthless and stupid. I find it quite interesting. I like hearing about the financial decisions that my peers make because I always like to learn.

If that bothers anybody, stop clicking on the freakin' post!

[Jay Bee]

If interested in a risky play, SNTA is trending toward it's upcoming offering price of $1.75 today. Now at $1.93.

If it drops just a bit more, I may in - with the intent of holding at least 18 months.

Risk / reward heavy on this one. Go for it.

Hold for a long while... unless you want quick $$$... $2.10 today. Up 8.8% since my post.

$$$$

[Jay Bee]

Hold for a long while... unless you want quick $$$... $2.10 today. Up 8.8% since my post.

$$$$

$2.26 now. Up 17%+. Have another one up 11% today on a day in the red for the markets overall. Let's EAT!!

[Tortuga94]

$2.26 now. Up 17%+. Have another one up 11% today on a day in the red for the markets overall. Let's EAT!!

Investing in individual biotech stocks can be extremely risky. At this point Synta is a lottery ticket more than an investment. The have been a serial disappointer when it comes to reporting their phase 3 results. The stock has lost over 75% of it's value since it's IPO.
They have zero revenues and like most oncology discovery companies an extremely high cash burn rate.

If their current phase 3 for ganetespib fails to yield good results, you are going to lose most of your investment. Sounds like you've done your DD and are fairly confident with this stock. Good luck!

[Coleman]

If their current phase 3 for ganetespib fails to yield good results, you are going to lose most of your investment.

I'm sure if that happens, he won't be giving us daily price updates...

[warriorchick]

I'm sure if that happens, he won't be giving us daily price updates...

Yep. Just like gamblers.  Only talk about their wins, not their losses.....

[Skatastrophy]

$2.26 now. Up 17%+. Have another one up 11% today on a day in the red for the markets overall. Let's EAT!!

If you're into these types of plays, there's a community built around it on Reddit called Wall Street Bets:

http://www.reddit.com/r/wallstreetbets

I get my fix just reading those folks, but I'm not much of a gambler!

[Jay Bee]

SNTA to $2.42. +25% since my recommendation. Have yet another today up 9% in addition to SNTA's 8%. On a crazy run lately. $$$$$

SNTA is absolutely scary. Have been in & out (nh) a few times.

[Spotcheck Billy]

If interested in a risky play, SNTA is trending toward it's upcoming offering price of $1.75 today. Now at $1.93.

If it drops just a bit more, I may in - with the intent of holding at least 18 months.

Risk / reward heavy on this one. Go for it.

SNTA to $2.42. +25% since my recommendation. Have yet another today up 9% in addition to SNTA's 8%. On a crazy run lately. $$$$$

SNTA is absolutely scary. Have been in & out (nh) a few times.

if you call that a "recommendation" 

sounds like a chicos type recollection

[Jay Bee]

If interested in a risky play, SNTA is trending toward it's upcoming offering price of $1.75 today. Now at $1.93.

If it drops just a bit more, I may in - with the intent of holding at least 18 months.

Risk / reward heavy on this one. Go for it.

March 31... Jay Bee speaks.. $1.93

February 15... Listeners reap... $2.90 closing price.

Up more than 50% since my post on SNTA.

I AM THE STOCK MARKET

[Spotcheck Billy]

March 31... Jay Bee speaks.. $1.93

February 15... Listeners reap... $2.90 closing price.

Up more than 50% since my post on SNTA.

I AM THE STOCK MARKET

But not THE CALENDER 

[JWags85]

I AM THE STOCK MARKET

Then please stop selling off right after you have a good day