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Re: iwfal post# 110320

Wednesday, 12/08/2010 12:35:24 AM

Wednesday, December 08, 2010 12:35:24 AM

Post# of 257257
So, I would suggest that this is, like it often is in biotech, a sign of some concern about an upcoming binary (in this case the possibility of a second generic).

I agree.

Anyone want to wager $100? I say tEnox is apporved within 6 months.

Also, FWIW, if PPS declines on substantial volume tomorrow then technical indicators (short and long term) will enter a downtrend. MNTA closed below the 50 day moving average today and the 200 day moving average is sitting at $14.80. A close below both of these would be very bearish.

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