Replies to post #110483 on Biotech Values

[jq1234]

Given the small size of offering, I believe it is nothing more than insurance.

I got some at offering price this morning, put another order well below offer price, it never came close to touch it.

[pollyvonwog]

It's expected to close Monday:

Momenta said the underwriter will have the option to buy another 600,000 shares to cover excess demand. If all those shares are sold, the company would raise another $8.6 million before expenses and discounts. The offering is expected to close Monday.

http://finance.yahoo.com/news/Momenta-could-raise-66M-by-apf-481514883.html?x=0&.v=1