If history repeats, IMGN will soon extend onew ption grants to the execs. The lower the price, the lower the strike on those fresh new grants. The only sr. exec that has not sold any stock recently is Perry, so maybe he will be next, but I hope not because his timing has been the best. O'Leary just sells all the time, obviously he is not a stock trader, or savvy investor. He may be the person responsible for the 901 trial design flaw/dabacle/delay and the reason they hired Charlie. Again, to beat a dead horse, the only goup that I see as adding value is John Lambert's group. They should give all of the option grants to John and his group and replace the development and executive underperformers.
I followed my IMGN trading instinct and sold my shares at $19.78 yesterday and boom..this goes down the very next day AS EXPECTED ! Don't know if price drop helps the imgn execs but IMGN would definitely go down in history as the most predictable stock trading in the market !
It's certainly a good stock to trade if one follows the technicals and buys when oversold and sells when overbought. The declines can be swift and severe, the rises are typically slower and steady. It's a great stock in which to invest and trade. I also make a fair amount selling puts and calls, or buying in the money calls, or call spread after a large decline only. IMO, not advice.