(1) T-DM1 approval on Feb 26th
(2) Possible takeover target
(3) Accelerated pipeline development
(4) More milestone reached with partners
(5) EU approval in 2013
(6) Over $200MM cash (about 8 years of operating cash)
A price of $15 is a joke. Institutions are holding on to IMGN. IMGN i sa loaded spring ready to pop. Anyone sold on earnings is very short sighte dsince IMGN value is not about revenue but about TAP technology and products in pipeline.