Replies to post #4882 on Momenta Pharmaceuticals, Inc. (MNTA)

[10nisman]

So you're saying if we go into a double dip recession with very little federal goverment assistance to bail us out you don't think Mnta will decline. Very interesting.

What impact would a double dip recession have on mL's sales? the ability of mC to obtain FDA Approval? MNTA's ability to sign a lucrative FOB partnership? and intrinsic value?

The share price could decline and potentially significantly if the market throws in the towel however nobody knows for sure. Thus, why not just average your way into a position?

[DragonBits]

jbog, more or less correct what I think, but I don't think we are going into a recession without the FED pulling out the bazooka to try and stop it. And even if we do go into a recession, I am not very convinced MNTA will go below 14.83, the low today.

IMO it would take fundamental news that was bad for MNTA to drive it lower, and the bad news would have to be released soon.

I contended before that MNTA had too many retail traders it in, I supect they and some hedgies sold out and that caused the down turn. The hedgies likely sold out early and maybe are buying back here. But no big fund is going to support MNTA unless they control all the float. Still a lot of insiders selling, why not buy their stock cheaper?

We can posit any number of possible negatives or positives, but somewhere you have to say this is cheap enough, or this is way too high, and just take a stand. Maybe you are wrong by 5%, but this isn't rocket science.

I think it is very important to buy as cheap as possible, and less important at how high you sell, but at some point stocks are just too cheap.

My stand on MNTA is just under 15.00, it went there twice which we might call a test. It will be easy to see if I am right, the next 30 days should be proof enough. If MNTA goes to 20 before it goes below 15 again, I will say I was right.