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Replies to post #83961 on Biotech Values

Replies to #83961 on Biotech Values
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10nisman

09/23/09 8:34 AM

#83962 RE: jbog #83961

MNTA...

Anyone want to speculate on what the latest financing means....

No partnership deal for M118 and MNTA will be paying for phase-2b trial(s)? MNTA is taking advantage of favorable financing terms?

10nis

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DragonBits

09/23/09 10:07 AM

#83969 RE: jbog #83961

Everyone expected this to come, so the only question has been the price.

I think once this PIPE settles it means clear sailing for the next 3 Qs. I would buy close to the PIPE price of 10.75. I sold on the PIPE news and bought back at 10.90, but I would have liked to get it at 10.75 or so.