News Focus
News Focus
Post# of 257262
Next 10
Followers 64
Posts 11870
Boards Moderated 0
Alias Born 07/16/2006

Re: wallstarb post# 84943

Monday, 10/12/2009 10:36:13 PM

Monday, October 12, 2009 10:36:13 PM

Post# of 257262
Wallstarb,

What would you think the ramification of 4.6 million new shares have on Mnta's price?

Initially the cash ($46 mil) should balance out with the increased number of shares but because Momenta has no cash flow that "extra" $46 million will vanish within 7 to 8 eight months. Sadly, the shares won't vanish.

Momenta's market cap currently stands at $414 mil which isn't exactly chump change.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now