too early to tell. Will probably get a bounce, then possibly another test of either $13 of the post 901 crash low. No sign of a heavy volume capitulation yet. The drop from $15.5 to 13 was pretty rapid, could easily be retraced with some decent news and a sector bounce. Let's hope IMGN management does not repeat history and issue (grab) new cheap options for their #$%$ work (excluding John Lambert, the only IMGN Sr. Exec I respect).
I got out a ways back in the 17's.........it's at a point where I'm really interested in getting back in..........but I'm afraid a wide spread 10% correction will drop this even more.....how do I know a correction is coming ? I don't......but sell in may .......?