Replies to post #98367 on Biotech Values

[Mpower]

Amazing how a measly ~80k shares can knock $30 million dollars off the market cap of this company, and all before lunch time on the west coast! In fact, it was down nearly 3% on ~20k shares this morning.... :)

[jbog]

Polly,

From my view, it looks like the markets will continue to drop for the forseeable future.

I think its better to invest so you can get a return of your capital instead of a return on your capital.

[wallstarb]

It's not just MNTA - today pretty much a FLAT day (after big +++ day) in the overall market but there's a number of small cap biotech getting destroyed.

ACAD -8%
ARNA -11%
ARQL -5%
ARNA -6%
BCRX -6%
CLDX -6%
CYCC -9%
DNDN -7%
DYAX -7%
NBIX -7%
ONCY -5%
THLD -10%
TSPT -5%