Biotech Values

[akasidney86]

Well, I asked to be convinced, and now am. It's certanily true that if MNTA management had any real information regarding t-enox approval, they would have to divulge it. They haven't, so they don't. The best read, therefore, is Tinkers; they are simply being prudent stewards. Not knowing any more than anyone else does how long the party will last, they raise a potentially blocking suit and sell shares... if not at the price they might have anticipated given sole generic modeling, better than it will be if t-enox gets out the door. Also, while I think that Dew overstates the case, there is ALWAYS a chance, however small, that the general market might go south in a hurry... so all up; sell shares. Take the money. Selling hope for cash is always a good deal.