Momenta Pharmaceuticals, Inc. (MNTA)

[10nisman]

My view is that there's a lot of room between todays price and Momenta true value so what's the hurry? If I lose a buck or two to the upside it shouldn't have that great of an effect. I would be more than happy to see the Macro situation clear itself up first and lose the buck or two to the upside before I jump back in.

What does the Macro situation have to do with MNTA? Clearly it may impact MNTA's share price as investors flee the market however how does Europe's economic issues, US debt downgrade, or a slowing U.S. economy materially impact MNTA's intrinsic value? Nothing against being cautious but MNTA isn't a cyclical or an industrial where the Macro economic environment could have material impacts on performance and valuation.