Replies to post #110291 on Biotech Values

[oldberkeley]

The negative effect on the share price has already occurred, IMO, and the offering may even help the share price rise if the terms are seen as favorable for MNTA.

Dew, you're a million times more knowledgeable about biotech than I'll ever be and you're also an experienced and astute investor.

But I also know something about the market.

IMHO, this is not going to be pretty. We'll see tommorrow, and the rest of the week.

[Mpower]

I agree. The irrational weakness has finally been explained. Any meaningful short positions will have an opportunity to close and move on. The markets have become very counter-intuitive, it is common to see stock prices rise (sometimes substantially) after a offering. I suspect the persistent "overhang" will ease over the next few weeks.