Molecular Templates Inc (MTEM)

[Imapuppy]

J12,

Biotechs move on catalysts. You have to be patient and understand that they trade outside of fundamentals, and they are all quirky (i.e. there is a big "buy the rumor; sell the news" sentiment among most bios). They will be announcing new 407 trial data (TH-302 mono-therapy in advanced leukemias) very soon...in fact on Wednesday the abstracts will be released.

Aside from that, 2H12 and 1Q13 are going to be very big for THLD.

Price targets are high, expectations are high, but this is trading low in its trading channel right now and this is a good point to add more, or hold.

You certainly shouldn't sell here if you're thinking of doing so.

Anyway I hope this helps. Be patient, understand that some very knowledgeable people are in this (baba, triad from yahoo, tredleon, etc. etc.) and just stay put. It will pay off in the end.

Many people who know their stuff think this is a double from here within a year..that would be an AMAZING return.