AI
Wednesday, September 01, 2010 5:28:34 PM
>>In that case, and perhaps the posters on this board will agree, you should recommend that he perform is due dil .
There is not much he can do. TEVA has been suggesting they will get approved. Bernstein propagated it. FDA is not going to comment.
The confirmation in the minds of many is that MNTA's stock sold off sharply. Shorts used the fear to drive the stock in the ground - stepping it lower each day. It dropped, therefore it must be true. After all the market is super efficient* at digesting all that is known or can be known and reflecting it in properly pricing stocks.
ij
* Put that in just for DD.
There is not much he can do. TEVA has been suggesting they will get approved. Bernstein propagated it. FDA is not going to comment.
The confirmation in the minds of many is that MNTA's stock sold off sharply. Shorts used the fear to drive the stock in the ground - stepping it lower each day. It dropped, therefore it must be true. After all the market is super efficient* at digesting all that is known or can be known and reflecting it in properly pricing stocks.
ij
* Put that in just for DD.
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