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Biotech / Medical : Momenta Pharmaceuticals Inc. -- Ignore unavailable to you. Want to Upgrade?


To: DewDiligence_on_SI who wrote (2655)12/9/2010 11:25:24 AM
From: mopgcw8 Recommendations  Read Replies (3) | Respond to of 3027
 
actually I think you are all right. The raise can serve multiple purposese you know:

help pursue FoBs, give M118 a solid start, the price is elevated relative to market weakness of equity raising, they had an oppty, and it will give them a leg up on any partner discussions.

generally one looks for multiple pros outweighing the cons.

ps. and to be honest the message reads like a pompous ass. no real need for that, a simple, polite, I disagree would suffice and make your point with respect.

edit: after all, we are all just educated speculating here based on our read of the little infp, unless one spoke with the company directly on the matter?