Oh yeah. The shorts can claim that it's just pennies to a man like Kovner but of all the dumbest arguments that I have ever heard, that one takes the cake.
No one buys stock to lose money. Period. Kovner is making a bet that SNTA succeeds. Sure he could be wrong but don't believe for a minute that he hasn't done his DD on the company and that is good enough for me to take a shot along with him.