Replies to post #18519 on Momenta Pharmaceuticals, Inc. (MNTA)

[inthegrass]

Totally agree, I have owned the IBB for years and have been pleased. How many developmental Biotech stocks are still in business 14 years after they went public that are still losing money? I don't know the answer but there is something about this company's science that is very attractive to institutional investors. As bad as you beat The CEO and company, you have to admit that it is amazing that this company is still relevant. This story is not over, and based on the stock price action, we could be finally entering into the payoff phase. I have stepped out of most of my position but will throw the dice on my remaining position and see what happens..Good Luck to all!

[inthegrass]

BTW JBOG If I invested $6,500 in Momenta in 2004 at the IPO (1000 shares) and I held it to today it would be worth $24,500. That is a percentage change of 276%. Percentage Change= 24,500-6500 divide that by 6500 then multiply that by 100%.