Momenta Pharmaceuticals, Inc. (MNTA)

[Boing x 2]

This stock appears to be looking strong.

It goes down in the am. and then bounces back with over 1m shares.

At the end of last quarter there was a 95 per cent institutional ownership.

I await the end of this quarter institutional figures.

If the average volume is 800K shares a day something has to give.

Example 10 days is over 8 Million. There are not that many shares left.

Not saying that is the figure each day but my take is they are sucking the last shares up.

Time will tell. So if 20 days. half that amount are bought one can see the shares drying up.

First quarter and the picture should start to show with the first quarter ownership.

Just my observation.

Boing X 2