News Focus
News Focus
Post# of 257267
Next 10
Followers 843
Posts 122806
Boards Moderated 10
Alias Born 09/05/2002

Re: oldberkeley post# 110288

Tuesday, 12/07/2010 5:07:56 PM

Tuesday, December 07, 2010 5:07:56 PM

Post# of 257267
The terms of the offering should be known in the next few business days, possibly as soon as tomorrow.

I'm unhappily surprised by this and can't help but think that it's going to negatively affect the already depressed PPS, no matter what the discount is.

I disagree. The negative effect on the share price has already occurred, IMO, and the offering may even help the share price rise if the terms are seen as favorable for MNTA.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today