Just like the other company that Wheeler is Chairman, it's going no where too.This is a one trick pony, selling today, have held since March 2010. THLD is much better bet, up 200% so far this year. The have several phase one and two going and one phase three, they don't do one at a time like these clowns do.
Not true, it's headed south. Revs in decline, exp on the rise, pathetic pipeline. Single digits by year end absent some miracle.
I am surprised that the recent Aug. 3rd Appellate Court ruling against Momenta did not do much damage.
It's a popular way of thinking about trading that when bad news fails to take a stock down it has reached a bottom.So I think MNTA had reached a value where it isn't likely to go down.And the thermodynamic law of the market is if it can't go down it must go up. :)