Momenta Pharmaceuticals, Inc. (MNTA)

[oldberkeley]

Flo-

A little non-scientific trading talk, since this is the official place for that sort of low-brow chatter.

For once we're seeing a fairly normal trading pattern with MNTA: a nice run-up to anticipated good earnings.

The decision for many foks--and I must admit that this includes myself--will be whether or not to sell the news on Monday.

I've been buying fairly heavily under 15 and have a fairly decent PPS average. Anything even close to $20 would give me a very nice profit in a reasonable amount of time. At that point I'm going to have to decide whether the promised Nirvana of $30 or $40 is attainable in a shorter amount of time and will give me a better rate of return than other opportunities out there.

As with every stock, I have zero emotional attachment to this (I made a rare mistake along that line with GTCB and we both know what happened.) Over and over I see people treating these things like they're a family member, a friend, a school, a cause; they're not, they're just an abstract financial vehicle with a 3 or 4 letter designation. If I can make more money elsewhere, I'm out.

I'm certainly not asking you to share any personal financial details, that's your business, but I respect your knowledge about MNTA and I'm wondering what your long-term trading plans are. If we see a sizable move on Monday (and that's a big "if") are you buying, selling, holding? TIA.