Momenta Pharmaceuticals (MNTA)

[iam802]

For stockcharts, you need to click on 'Linkable version' below the chart...and copy the URL.

http://stockcharts.com/h-sc/ui?s=MNTA&p ... 4222923475

or

http://stockcharts.com/h-sc/ui?s=MNTA&p ... 5378227799

[helios]

Damn!

Missed the boat again

MNTA skidded from 11+ to 25+ ... !!

[helios]

Finally, they got 1 approved ... I'm still waiting for their M118 ... fundamentally, ground-breaking innovative, invention ...


From SEC Filing:-

Momenta Pharmaceuticals Announces FDA Approval for First Generic Lovenox

CAMBRIDGE, MA — July 23, 2010 — Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA), a biotechnology company specializing in the
characterization and engineering of complex drugs, today announced that the U.S. Food and Drug Administration has granted marketing
approval of the Abbreviated New Drug Application (ANDA) for enoxaparin sodium for injection filed by Sandoz. Developed under a
collaboration agreement between Momenta and Sandoz, this product has been designated therapeutically equivalent to the reference-listed
drug, Lovenox®, which is marketed by Sanofi-Aventis.

“The approval of M-Enoxaparin marks a key milestone for Momenta, and we are extremely pleased,” commented Craig Wheeler, President and CEO. “This is the first product based on Momenta’s technology platform to be approved, and demonstrates our ability to characterize and
develop a complex mixture drug like Lovenox.”

The Company is aware that other ANDAs for enoxaparin sodium injection have been filed. These other applicants may receive approval at a
later date.

[iam802]

ah ... FDA approval play.

In this case, don't feel too bad about missing it.

It can goes both way. Imagine $11 to $4 (which is what happens to Vivus)

[helios]

-Sighed-

In fact, I was contemplating to buy MNTA 2 days ago.

Tonight, I went to Jay's concert, and tried to connect to internet on-site. Internet connectivity was not stable due to the "heavy-duty" equipments that blocked the internet signal. Couldn't monitor the share price on-site ...

Anyhow, I hope that MNTA will reconsolidate to 15 - 16 range, and will wait for their M118 approval ...

[helios]

Stock information for Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) for the week of 7/26/2010.

Date Open Close High Low Volume
7/26/2010 22.42 26.11 26.20 21.81 8,633,009
7/27/2010 24.15 22.86 24.98 21.82 6,496,879
7/28/2010 22.69 22.95 23.39 22.05 1,969,257
7/29/2010 23.02 21.02 23.25 20.83 2,800,215
7/30/2010 21.40 21.34 22.37 20.74 1,825,612

[helios]

I have to wait.

I can't jump in now, with all these volatility and FDA speculations in the backdrop.


NEW YORK (Market Intellisearch - 28 July 2010) -- Momenta Pharmaceuticals Inc. options saw high put activity today. A total of 5,378 put and 893 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 6.02. There were 6.02 puts traded for each call contract.

The skewed options ratio suggests that traders are rebalancing their portfolios in anticipation of a price shift. Today’s unusual volume activity directly reflects investor outlook and confirms that a stock move is imminent.

Shares of MNTA closed at $22.86 in the previous trading session and opened today at $22.69. Momenta Pharmaceuticals Inc. settled the day up $0.09 to $22.95 in the trading session. The day's trading range is between $22.05 and $23.39 respectively. On the volume side, 1,969,107 shares were traded which is greater than the average volume of 814,269 shares. MNTA is trading above the 50 day moving average and higher than the 200 day moving average. The technical momentum Relative Strengh Index indicator shows overbought conditions. The stock's 52 week low is $8.70 and 52 week high is $26.20.

http://www.marketintellisearch.com/arti ... 34047.html

[helios]

The stock price for Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) has changed in value by 8.48% today.

8/2/2010 10:13:41 AM
Last Price Change Open Day High 52-Week High
23.15 1.81 (8.48%) 22.65 23.30 26.20
Volume Previous Close Day Low 52-Week Low
354,300 21.34 21.62 8.70

[helios]

For the past week, insiders had been selling ...

Stock information for Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) for the week of 8/23/2010.

Date Open Close High Low Volume
8/23/2010 16.12 15.42 16.28 15.36 660,215
8/24/2010 15.22 15.30 15.46 14.67 964,232
8/25/2010 15.25 15.68 15.76 14.88 924,895
8/26/2010 16.57 15.85 16.85 15.78 4,031,105
8/27/2010 16.13 16.28 16.48 15.64 776,388

[helios]

Stock information for Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) for the week of 9/13/2010.

Date Open Close High Low Volume
9/13/2010 15.46 15.29 15.65 15.11 623,319
9/14/2010 15.19 15.55 15.58 15.15 682,457
9/15/2010 15.51 15.17 15.63 15.02 676,952
9/16/2010 15.10 14.96 15.23 14.75 594,842
9/17/2010 15.14 14.77 15.14 14.67 627,895