Momenta Pharmaceuticals, Inc. (MNTA)

[pollyvonwog]

Why do I get the feeling you're baiting me JMK? :)

My answer is the MNTA story is not an easy one to understand. There is a lot of moving parts,court proceedings (that have burnt many investors) and lots of general uncertainty beyond the company's control. The lack of an actionable date for the ANDA has always been difficult cloud hovering over it. I would assume a lot of investors don't want to get tied up in that uncertainty which is understandable. Look at yesterday, it was down nearly 10% because TEVA is going to refile its patent which is basically a non-news event. For me, the upside of M-Copax approval is to tasty to ignore which is why I am invested.