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Replies to #86135 on Biotech Values
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wallstarb

11/11/09 8:55 AM

#86137 RE: ThomasS #86135

That comment was just to say that MNTA broke technical support - meanign - that there's no major areas of support based on the way its traded the last few months - a caveat.

It had a nice dead cat boucne with the market - MONDAY it gave a SELL signal fwiw. I'm not following it any more as it's risk/reward for me isn't there.

In that same time ARIA had a bounce form 1.70 --> 2.70 nearly 60%, but all stocks had a major reversal/dead cat bounce and MNTA's was actually very weak compared to most.