2x the price and 3x the market value of IMGN. Sold higher price calls against all of my trading shares over the past 2 days. I am sure AF will be telling everyone IMGN is overpriced any day now. He's the only weapon shorts have left other than Junius talking. Looking a little toppy here, might be time for a rest/dip/correction. All IMO, not advice. I intend to maintain a long position until IMGN is acquired. Each year I think this is the year for rapid growth. One year that will be true, might be 2014.
The 2 year price appreciation on IMGN and SGEN are almost identical. IMGN has outperformed SGEN over 5 years. Over the past year SGEN has been stronger. Have some perspective - I believe IMGN is a better investment today because of these valuations.
I honestly don't understand the motivation for coming onto a message board for a company to continuously say negative things about it, other than for the obvious reason you are a "short" doing your very best to suppress the price of a stock for your own profit. To deny that assertion you would have to portray yourself as someone who out of the goodness of his heart is providing a public service to help poor hapless investors from their own foolishness. I think all would agree that portrayal is laughable.
You can bash all you want......we know it is going to dip on earnings......that is why I sold my trading shares......I for one will jump back in on the dips.....I am loaded and ready to fire 2 more large buys at the right time.......go ahead AF take your best shot, I am ready for ya......
you can't compare today's IMGN to IMGN of the 1990's. I stopped following it for years, but have been in for the past 2-3 and may own another 2-3 years if they are not acquired first, which seems likely. I don't know Gary other than reading posts on the IV board, I am not a member. Are you the Topexec? It's a great swing trading stock, but I can't understand the 8MM share short position. ZGEN had a similar position the day it went from $4.75 to $9.75. That was a very good day.