Syntara the science explained, page-187

Wow, another strong week.
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I was thinking today whether to make the post or not.
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SNT has had great last few weeks. I honestly thought I was so lucky to be part of this journey.
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My first post around 3 weeks back when I wrote I bought average around 4. I was eyeing it for sometime. When I bought, I thought, the risk reward is good. I took a chance.
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Last week I wrote, I had sold one-third at 5.6, around 40% gain. I had also written, I will buy if it goes higher. I bought back at average 6 what I got out at 5.6.
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Today I got out more at average 7. So I am around two-third out. I am holding one-third. It was a good gain around 65% average.
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So why was I thinking whether to make a post? I could see the enthusiasm. It may look like we might be just beginning the journey. There are talks of 10c, 15c, 20c and even more. And I got out my two-third at 7c, though decent gain. i didn't want anyone to lose that enthusiasm. On most stocks that I post, i usually write when I buy or sell, don't know why, but thought to keep the trend.
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So why did keep one-third? SNT has been good to me. Its a no-risk play now for me. I may have been lucky. When I bought over 3 weeks back, it wasn't looking great. It was coming off 5.8 high, not supported. 3 months back, most of the play was in 3s. 6 months back, most of the play in 1s. So SNT has come a long way. For many, especially long term holders, they could be still be significantly down, even though SNT is doing fresh 52 week highs now, even though its already up more than 300% from 6 months back, from 1.4/1.5. But recent price action shows, it may still have legs.
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So why did I sell two thirds?

Firstly, it met my primary target. I was thinking early 7s makes it 100m market cap. I am not a fundamental guy. Numbers. So I thought, I play a round number. So was happy to get around that level. I thought, I will exit and see.

Secondly, I don't like binary plays. I play a lot of minerals, and when they drill I exit. I don't like 0/1 state. I have written across a number of plays - Stage 1 (hype/hope/potential), Stage 2 (drill/results). I like Stage 1, not Stage 2. All this time we were playing Stage 1. Now we are nearing Stage 2. So I thought, I will wait and see. I know most gains are made by playing everything, because on Tuesday a big gap up can happen. If things come out well, I feel I can still get some more, not maximum, but still decent.

Thirdly, I feel success is already factored in the recent rise. it has doubled in 3 weeks, so its obvious everyone thinks it will be positive. I am not strong in biotech - news/event - can a 100% increase happen on open, if so it will be a bad play from me. But I feel, this is the beginning, if there is a big play here, it won't be decided only on Tuesday 1230PM. So played safe.
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Otherwise its looking great. There are strong players here. And I feel, they have the capacity to take this much higher. Hopefully it meets most expectations. All the best.