Momenta Pharmaceuticals, Inc. (MNTA)

[jmkobers]

Except for 4b, which is open for debate, I think the rest of the points are hard to argue. I am sure it will fall on deaf ears here, however.

The thing of it is, MNTA is not a bad company, it is actually a very good company. But valuation is less about potential and "could be somedays" and more about the near term. And the near term is FULL of uncertainty and doubt, as has been the case over the prior 2 years as well, and which has been reflected in the performance of the stock price over that period. It should be obvious to anyone who is paying close attention that buying MNTA stock has a much higher probability of being a poor investment over the next several years than it does the opposite.

Regards, J