Momenta Pharmaceuticals, Inc. (MNTA)

[Boing x 2]

funindasun,

I agree. If they were going to put the company up for sale why not announce it to get the most and best bids.

For example Tony was unaware they were in talks to sell and he sells the day before the announcement. If he had been aware they were in talks would he have sold? He has a real gripe and loss.

I agree it looks like they tanked the stock and you are right why get a loan for 1 billion more if that wasn't the original price. This whole thing stinks.

It appears they were only looking out for their pockets and not the investor's. Where was the board on looking out for us? An idiot would know a cash sale would lessen the benefit to investors who were not invested in an IRA from a tax standpoint.

I have stock in our IRA and Trust so will get banged in our trust as a cash sale. Sure it is long term capital gains but, still a big chunk of money I have to fork out this year now vs. a stock swap and no current tax due. So that make a bunch of us take a hit.

I wish LLY or some else would come in and up the bid even if by a dollar and stock swap and I would vote for that.

Boing X 2