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ImmunoGen, Inc. Message Board

  • bioimmunomabman bioimmunomabman Jan 15, 2013 10:58 AM Flag

    Industry-wide rally and short squeeze

    Maybe I am just getting lucky and have the right stocks, but the price performance lately in ARNA and ACAD are excellent, IMGN and SGEN are drifting higher. It seems like I should be selling something, but for now just enjoying the ride and selling a few higher-priced calls on trading shares as my short puts expire and prices rise. IMGN still has room to rise, but don't be surprised if there are some pullbacks as technicals are extended. This stock tends to go mostly in one direction for months at a time, slow and large swings, then violent reversals caused by events, or shorts. Let me know when the bell rings at the next top.

 
IMGN
5.66+0.01(+0.18%)May 27 4:00 PMEDT