Sunday, February 19, 2012 12:45:50 PM
That being said, the "market price" did seem to predict the Amphastar/Watson approval, though many experts on this board felt that was a relatively unlikely scenario in medium-term.
But the market has been wrong before -- I remember when Shlomo Yanai, (CEO of TEVA) was actively deceiving the investor community-- claiming that TEVA's generic enox application was about to be imminently approved. (That was in 2010, a month after mnta's mL was just approved).
The market price is the combined predictive ability of those who are a lot wealthier (and often a lot more connected) than the small cadre of amateur investors on this site. Are they perfect... no... could they go bullish on MNTA, yes, but only after MNTA starts to reliably print money in Boston.
Patience is a virtue....
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