Momenta Pharmaceuticals, Inc. (MNTA)

[mrholty]

My best investment ever was via following a companies job postings. Its not always reliable as companies sometimes even post jobs as they burn cash (for startups) but sometimes if you know the company well enough you can put 2 + 2 together.

Several years back Continental Airlines spun off their regional flying in a company called ExpressJet. A year or two went by and during negotiations for the next cost plus contract Expressjet overreached and took control of 69 aircraft per some terms in their contract thinking this would help them in their negotiations as Continental couldn't afford to lose 1/3 of their regional lift. Negotiations stalled and news was that they were going to start flying those for AMR. The drop dead date was Jan 31st and on January 25th ExpressJet posted on its website hiring for 30+ station managers that would only make sense if they were doing their own flying. This meant there was no deal with AMR, they were still cold with Continental and this was going to be a big money loser. I spend the next two days buying various levels of puts and timeframes to take advantage of this. Turned $2k investment into $30k in about 2 months.