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DewDiligence

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DewDiligence

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Re: rajaram46 post# 8931

Thursday, 05/03/2012 2:40:42 PM

Thursday, May 03, 2012 2:40:42 PM

Post# of 20689
A couple of explanations for today’s sell-off:

• Traders who were banking on some kind of hugely positive announcement (more consequential than the M402 news) in conjunction with the quarterly results might be inclined to sell today.

• There could be some selling stemming from MNTA’s guidance for continued quarterly losses until Copaxone is approved, although this should not have been a surprise to anyone who follows the company closely.

If anyone has a better explanation, please post.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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