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Momenta Pharmaceuticals Inc. Message Board

  • ding_king2000 ding_king2000 May 2, 2013 1:18 PM Flag

    I absolutely positively would not invest YOUR money in this stock. Vinny keeps raving about this stock, but

    we are entering a period of a risk-off trade, and MNTA, unfortunately, is going to fall back in the 10's.

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    • It'll go thru the $10's like a hot knife to butter. Only value here is the cash of $5 a share and they'll blow that away within a couple of years and still be 5 years away from a product. Look at their pipeline graphs.
      This will move to $5 maybe $6 range within the year and then they'll try to do a secondary at 1/2 that value to fund them for 4 more years. Todays little bounce was probably shorts cashing out and you'll no doubt see these a day after every dollar drop.
      Face it, they're 0 for 2 in the courts and those were the foundations of the business. Only goal now is to keep the paychecks and cash bonus $ coming for as long as possible with smoke and mirror presentations.

 
MNTA
11.79+0.02(+0.17%)Aug 29 4:00 PMEDT

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