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mouton29

04/19/11 3:23 AM

#2623 RE: vinmantoo #2616

How long will it take for jbog to tell us why 247 million is a bad number?



247 is a bad number because it is the product of two primes, 19 and 13, and 13 is, well, does the word triskaidekaphobia mean anything to you?
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jbog

04/19/11 7:26 AM

#2626 RE: vinmantoo #2616

Vnmantoo,

How long will it take for jbog to tell us why $247 million is actually a bad number,



You don't seem to understand the problem. It isn't that $247 million is anything but an phenomenal amount, it's if that amount has any effect on the $16 - $17 dollar stock price.

If Momenta's management decides to put to their $50 mil in 1% treasuries with the rest of their money, it'll have a small effect in relationship to its real value. On the other hand if they decide to use their capital to roll out other products or take M118 into trials itself the stock would double.