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Biotech / Medical : Momenta Pharmaceuticals Inc.
MNTA 52.480.0%Oct 2 5:00 PM EST

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To: Rocky9 who wrote (955)4/17/2007 3:12:50 PM
From: IRWIN JAMES FRANKEL  Read Replies (2) of 3027
 
>>I know - no way to tell. But still interesting. And curious minds need to know.

Could be the standard, "somebody knows something". :-)

Considering the current issue for MNTA there are lots of possibilities to "know something".

What if Amphastar has been told by the FDA that they are not going to be approved. Since it is a private company they would not have to announce it. Would that info be insider info so as to prohibit trading on it? Just guessing but I think not.

TEVA likewise could know that they are not going to be approved. I would think they would need to make an announcement unless it was not material - which for them it might not be.

ij
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