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

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To: DewDiligence_on_SI who wrote (3006)10/4/2017 12:10:28 PM
From: tuck  Read Replies (1) of 3027
 
Re Mylan getting 20mg and 40mg before MNTA. Slept in a bit and missed the news and opportunity to bail for $15. This stock won't have a significant story for two or three years. Unless they can do better with Humira. But I expect at some point in the near future it will test prices seen in the premarket before the biosimilars generate excitement. Wondering if the Mylan approval is a sign of Gottlieb's influence; maybe it'll help biosimilars, too. Anyway, I'd revisit on said test. Hoping for a dead cat bounce tomorrow, but it may already have had it this morning. Company seems snakebit, to echo rkrw.

I think, in a decade or so, I have a modest (~10%) profit on my current position.

Cheers, Tuck
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