Anyone following AVEO? Stock has made a major turn up recently after a long period of decline. Looks like a good spot to buy, or sell puts today. All IMO, not advice. Interested in hearing other opinions on this stock. Adding to IMGN today, who cares about the fiscal cliff, will not change the long term outcome of IMGN. Stock is waaaay to cheap IMO. Sorry I am aware this info may put a temporary kibash on the stock.
Risky, but I think AVEO will get approval, or it should get approval. Patient crossover complicated ph3 results and doesn't mean that drug will not work for patients. I have no position yet and agree that this is probably a good time to buy. Good luck.
AVEO very risky given TIVO phase III results. Doesn't look to be superior to ONXX drug. The chart looks good as its coming off of a double bottom. I'd sell it as it gets closer to PDUFA.
IMGN on the other hand looks like it really wants to run higher except for Harry Reid driving market down today. After cliff resolved, this is going to run up to FDA review and if approved will retest high of $18.