DD, I think your posts are usually incredibly insightful. However, I do take exception to the following:
"Posters who trade MNTA and think that MNTA’s economic incentives are aligned with theirs—and who thereby think some kind of comprehensive settlement with Teva is in the cards—strike me as unseasoned."
There is nothing unseasoned about investors who would love to see MNTA reduce the risk involved in their business. It is the duty of management to maximize the value of our shares. It is not the duty of management to take unnecessary risk. Count me as one of those "unseasoned" investors who would like to see a settlement and the stock price much higher!
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