Replies to post #100778 on Biotech Values

[alertmeipp]

>>I think the $19-21 range is going to be the new "normal" for MNTA.

Until when? What is the range you said is based on? Just your WAG?
Why not 17-19 or 21-24?

Hope you realize that are few material news that can come in next few weeks.

[10nisman]

<<< Quote:
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Most of the members think the market needs time to digest the news and "study up" on MNTA ... i don't think that is true because markets are extremely efficient and get to "true value" sooner rather than later...
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Although I would like the price to be higher, I agree. I think the $19-21 range is going to be the new "normal" for MNTA. >>>


Markets are extremely efficient? Are we watching, trading, investing in the same markets? If markets were extremely efficient as you say there would little reason to invest in anything other than low-cost index funds. I think you've taken the "new normal" talk to a whole new level thinking MNTA is going to be range bound between $19-21.

I would really like to see the new board participants and MNTA shareholders spend more time trying to understand and determine a proper valuation for MNTA vs. thinking they know where the share price is going based on their intuition.

10nis