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Re: Rocky3 post# 9285

Wednesday, 06/27/2012 6:39:07 PM

Wednesday, June 27, 2012 6:39:07 PM

Post# of 20689
Why are you talking about immediate gratification? I’ve owned MNTA for 4.5 years (#msg-24309693) and will probably own it a few more years unless it gets acquired. I’ll bet there are several other readers of this board with a similar timeframe.

My original premise for owning the stock was that the Nov 2007 enterprise value of <$150M was too cheap, and it was. Despite the various legal setbacks, MNTA’s EV has more than doubled during the ensuing 4.5-year period and the company has amassed $400M in cash to boot.

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