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ImmunoGen, Inc. Message Board

  • azplz azplz Jan 3, 2014 7:29 PM Flag

    Company has to be bought out

    I own a lot of shares and I would sell right now for 20, no question. This management team is the worst

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    • So sell now. If you think management is that bad, why are you waiting for 20?

      Sentiment: Hold

      • 3 Replies to chris_multisante
      • sold some today and into MGM, I have followed and owned this company in and out for 17 years and it was always the hope to get a product to market, saw so many phase III failures (stock in the 40's back to single digits) We finally have a product and we sit at 14. Is the "scare" over the analyst's thoughts on the toxicity of the product real? Maybe if we had a mngmt team that could have had a strong response, or maybe now sell the company as one that has technology that works and look for the big pharma buyout? None of this is happening at this company. I will still gold a few thousand shares in the hope of this one day will happen, but a big chunk will go away today at a small profit.

      • Good point Chris. Actually too many investors are hyper and if they have a problem with top dogs running the co. they should invest in other names. One fellow named Oppy or Top exec. is such a Top Downer on IMGN he should cut out to prevent high blood pressure and living on line to make his complaint posts every hour on Investor Village.

        Boe

      • current management is "that bad" but technology, pipeline, partnerships sum of parts are worth far more than the current price, because wall street believes management is not strong. Holding for/until acquisition.

 
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