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Friday, February 09, 2007 2:34:37 PM
> MNTA – What a relief to hear since I didn't have any protection.<
MNTA is now down 17%. Maybe you would have done better with protection after all
Although today’s drop is a little surprising, the rationale for it is presumably the sentiment I expressed earlier today that MNTA remains a “story stock” until the FDA validates its technology with an approval of the Lovenox ANDA as well as a rejection of the ANDA from TEVA/Amphastar.
Praveen, you tend to get easily impressed with promises of greatness, IMO. Perhaps you ought to be a little more skeptical in your approach to biotech investing. Regards, Dew
MNTA is now down 17%. Maybe you would have done better with protection after all
Although today’s drop is a little surprising, the rationale for it is presumably the sentiment I expressed earlier today that MNTA remains a “story stock” until the FDA validates its technology with an approval of the Lovenox ANDA as well as a rejection of the ANDA from TEVA/Amphastar.
Praveen, you tend to get easily impressed with promises of greatness, IMO. Perhaps you ought to be a little more skeptical in your approach to biotech investing. Regards, Dew
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