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Momenta Pharmaceuticals Inc. Message Board

  • jingleballjingleball jingleballjingleball Mar 31, 2014 10:53 AM Flag

    Intentionally being walked down today on low volume.

    MNTA being walked down....a few thousand shares at a time. That can only mean one of two scenarios:
    1. Leak of discussions = good news to follow soon on Copax and classic accumulation in progress, or
    2. Dilution heading our way in the near future?

    Jumped in today at $12.28 with a short term target of $19.

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    • The reason for the plummeting stock price is that the Supreme Court granted cert to Teva in its patent infringement case against MNTA/Sandoz and Mylan. This could delay the US launch of generic versions of copaxone. Check DewDiligence's post on the IHUB board, or the IHUB board for MNTA, for further information.

12.26+0.57(+4.88%)Oct 20 4:00 PMEDT