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Post# of 257264
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Re: DFRAI post# 108788

Friday, 11/12/2010 2:21:46 PM

Friday, November 12, 2010 2:21:46 PM

Post# of 257264
This is precisely my point. The market is irrational undervaluing MNTA on the mere threat of a impending lawsuit. A lawsuit would guarantee MNTA 5-$6 EPS as the sole generic for at least 2-3 years, because the FDA will not get scared into approving TEVA's generic. The stock was trading at $16.5 a few weeks before approval, now under a sole generic (best case) scenario (with hundreds of millions pouring in) its trading at $15... huh... that smells fishy to me.

A 10 year old would understand that, but people on this board are telling me the the market is pricing MNTA efficiently. That defies common sense.

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