Over the past two weeks The Baker Brothers (et al) purchased 765,000 shares of SGEN common stock "ON THE OPEN MARKET, they now own in excess of 2 Million SGEN shares.I know that The Baker Brothers at one time owned a relatively small amount of IMGN shares, but looking at the latest available institutional holdings, it appears as if they own NONE of IMGN shares.Larry
The 2,000,000 SGEN shares that I mentioned were an estimate of how many were purchased by The Baker Brothers just this year.Actually the Baker Brothers now own close to 10 Million SGEN shares.Larry
It should only happen to us, may be Mitch and his team will buy shares on the open market, Oh! I forgot they never use their own money for stock.
"SGEN-The Baker Brothers are toast! eom 08/17/06 11:54 am "May I ask why you say that??Larry