I'm not sure what is causing this weakness - seems that MNTA hasn't met a downtick it doesn't like. The Dow and Nasdaq and SPX are hitting 52 week++ highs and this one cant even get a green day.
I'm not hearing anything on it - but weakness in the face of EVERYTHING else going up substantially is a red flag - just not sure what's the issue.
Since they did a PIPE and raised some cash recently it isn't likely that they are raising more cash. Anyone have any ideas?
If it were qtr end i'd suggest some funds dumping their losers or tax loss selling, but it doesn't seem like thats the case. Let's hear some thoughts and theories!
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