Replies to post #12188 on Momenta Pharmaceuticals, Inc. (MNTA)

[alertmeipp]

Market can stay irrational for a long time. If my estimate were $15, it would be gone long time ago.


See below on how well the market predicts the future:

June 17, 2010 - $15
July 22, 2011 - $11.9 (~25% drop in a month right before approval)
July 26, 2012 - $26

I know you are long, so good luck!