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Momenta Pharmaceuticals Inc. Message Board

  • dbaaaa dbaaaa May 1, 2013 9:38 AM Flag

    One its way to $11's for sure

    Will it hold??

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    • Only thing holding it at any level is the absence of buyers. Even with yesterdays disaster the volume wasn't very large. Give it a month or so when they accept all is lost. They'll sell at any price. Wheeler and the others with bags full of zero cost stock are what you really have to worry about if you're holding. He, for instance, I suspect is fat and content with his $1 mil salary and bags full of options so he may just continue to bleed it off in relatively small lots, but be wary of the others. There's just no reason to sit around for the next 3 years watching the bleed and praying. Whatever the case, the game is to get out with as little loss as possible. And that's tricky with limited numbers of buyers in sight.

11.87-0.22(-1.82%)Sep 23 4:00 PMEDT