Replies to post #18456 on Momenta Pharmaceuticals, Inc. (MNTA)

[DewDiligence]

Thank you for your kind words. My two largest biotech holdings are ENTA and RVNC. There are many postings on the Biotech Values board about these names. Regards, Dew

[floblu14]

Why all the DOOM & GLOOM?

Sing along & remember - I feel fine & so does MNTA -

At least wait to the end of this quarter's strategic planning is formalized. Something is happening behind the scenes or else why would there be a + today from a minus 4 pts. this A.M.?

Biopearl, my friend - as a phrenologist - STAY put. :-)

[DewDiligence]

The last time you sold (but did not close out your position, years ago) at about 22 if I remember correctly (and you were clear to state so on this board when you did) was a good time to sell…

Thanks for remembering. MNTA worked out better for me in the early years than the later ones. All told, I ended up making good money on MNTA not because my investment thesis was correct, but rather because my original buys in Nov 2007 were so low (#msg-24309693).

The current EV (~$1.5B) is 10x higher than in Nov 2007, but the share price is only 3x higher, which shows the cost of persistent dilution.