Momenta Pharmaceuticals, Inc. (MNTA)

[Boing x 2]

t57,

Thank you. We will find out our share shortly.


Note this this morning,

Bid: 16.41 x 2700
Ask: 16.42 x 1300

I saw someone trying to make a buy at 16.53 x 9700 yesterday. Not exactly pocket change.

Notice the last three short positions,

Read more: http://www.nasdaq.com/symbol/mnta/short-interest#ixzz3plkQVxqM

Short position had been going up each two weeks. Dropped 700,000 this last two weeks. It appears they are trying to cover.

They messed up and it appears they want out before the CAFC ruling. Who would be selling and giving their shares away right before the ruling now and preventing a possible short squeeze?

Two months or less now to the ruling.

Institutional figures are starting to roll in and it appears they are still buying. So far only two sold out. Many numbers yet to be reported to get the total for the last quarter.

http://www.nasdaq.com/symbol/mnta/institutional-holdings

Boing X 2