Don't you just LOVE it! 1.622M shares short as of April 13th, when we closed at $4.08.Combine that with the lowest average daily volume in a while for the last week, and you have a VERY interesting, and explosive situation IMO.All we longs would like to see is some news -- even an update on any taxane research progress would be nice. What's SNY spending all that $ on?Oh well, I've waited this long -- maybe next week.GLTA --Sy3dney
Syd,I actually beg to differ. Looks like the shorts are lining up for a long boring summer.With us being so close to a breakdown on the downside I think it is actually better to be cautious and be ready for any crack on the downside.Sorry but that short interest is just too high to not be paying attention to it.
http://www.nasdaq.com/asp/quotes_full.asp?kind=shortint&symbol=IMGN&selected=IMGNSorry - I forgot that.