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ImmunoGen, Inc. Message Board

  • nebraskatom01 nebraskatom01 Feb 11, 2013 12:47 PM Flag

    Watch out shorty!

    Above 50/100/200 day moving average.......upper bolliger band has room all the way to 15.70 before any resistance.....volume is pretty good......IMO , she's about to blow!

    Sentiment: Strong Buy

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    • No offense, but shorts love to read posts like this. They monitor message boards to see if retail is overly confident and long with leverage, so they can shake the tree and steal some shares. While I hope you are right, bio-shorts do a ton of research, have big $ and in the short run seem to be able to control the price of most small biotech's. I would not at all be surprised to see IMGN trades lower/sell on the news, at least for a period after approval. If IMGN goes up after approval it will be after a short period of high volatility above and below the + line then a slow grind up. All IMO, not advice, just saying don't expect a large rise because the event is expected.

6.33+0.2600(+4.28%)Jan 23 4:00 PMEST

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