Replies to post #13701 on Momenta Pharmaceuticals, Inc. (MNTA)

[tony111]

Its always a good sign that stock price starts going up after an offering.

[DewDiligence]

I replied to your duplicate post in #msg-113974865. Regards, Dew

[jbog]

PS: One theory on the YMB is that, after the secondary, we may get the announcement that a new biosimilar partnership has been signed. The partner possibly wanted to sign this agreement sooner rather than later (not wanting to wait till Glatopa revenues come in) and for that to happen, they wanted MNTA to have more cash and hence the secondary

Now, you're going beyond silly and are in the land of stupid.

[Double_Bagel]

Highest closing price in 5+ years

http://finance.yahoo.com/q/hp?s=MNTA+Historical+Prices

With June options expiration two weeks away, I was happy to write some more covered calls (June $23 for 0.45 today and June $22 for 1.05 on the spike on Monday).