The plurality of upbeat analysis, and indications of long term prices of $150 per share are starting to be heard.The best thing the company could do would be a 5 for 1 split, to improve liquidity; as the small float is deterring institutional buying.However as the shares are starting to trend upward, we could see voulme growth jump start momentum trading, which could propel this into the 30's pretty fast.GLTA!
agreed. 5:1 split would get the price right and incent institutional buying. wait till price hits 30s maybe in the summer after ASCO. having said that, approx. 550k shares traded in last two days. who is buying?
I like the small float, take a look at SNS, soon to be BH. If you have the goods the stock will move like a rocket. t
If you have time would appreciate a second opinion on IMGN. I was impressed with the recent results in breast cancer patients that no longer responded to Tarceva therapy. A possible ASCO highlight?Any ASCO 2010 plays you're watching?
What are the number of outstanding shares and float? Thanks
Figure 6.34 MM shares outstanding and a float of maybe 5.0 MM (?)to the best of my knowledge.