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marthambles

08/03/10 10:38 AM

#100514 RE: MotionMan #100506

MotionMan

The appropriate risk to reward ratio has not yet been applied.



Deutche Bank posited an $18 valuation for MNTA in the event of a Teva approval. MNTA is trading at around $22, representing a 22% premium over what I would consider the probable worst case scenario. So, you believe the DB valuation is clearly incorrect, and/or the market is excessively discounting the Teva risk. Which is it, and by how much?