After market trading says a low of $10 so far at this time.The Bio tech index is dragging this stock down. It moves with the Dow.http://ih.advfn.com/p.php?pid=squote&symbol=A^BTK.XThey predict the Dow is heading to the 8,000's maybe 7,000'sNo MM tricks, well could be some but its the banks and the Index that are dragging this stock down.Any Ideas how low this may go?
Our best hope shorterm is that we get a buyout offer now - say 22-24. The market can put this stock at 5 with no fault of the company - just a free failing market- sad.lewes
there will be no buyout until MENOX is approved. keep your fingers crossed the FDA response with nothing less than approval.
Here is the link just in case somebody hasn't seen it yet.http://seekingalpha.com/article/98590-momenta-pharma-investors-in-waiting-game-on-enoxaparin
I've been asking myself the same question.I've been trading the swings, but unwilling to get completely out of it, even as scary as things are right now.At some point if it gets a few dollars (more) down, I'll probably just let it ride.There was an article on Seeking Alpha about the amendment being filed, but I haven't seen it anywhere else. I wonder if a little more press would help stabilize it.