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ImmunoGen, Inc. Message Board

  • waheed_jaqueed waheed_jaqueed Aug 4, 2013 4:52 PM Flag

    The Big Picture

    IMGN is a big picture kind of company. You can't sweat the small movements. The price goes up .50 one day and down .75 the next but if you step back and look at the movement over a week or even a month and you kinda get a good idea of where IMGN is heading.

    have a look at the 50day moving average and compare it to the 200day moving average. As long as the 50 is above the 200 you are good to keep holding because it indicates a rising trend.

    I might not be a dr or a scientist but I can grasp the whole smart bomb thing and the solid tumor vs liquid tumor things. It helps to understand what the company works towards and that the drug testing takes years to make much movement.

    Lots of folks have the attention span of a fruit fly and are only in the game for a few bucks. that's ok, but it's not why I'm here.

    Sentiment: Strong Buy

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