Another week of this stock stalling out and under performing. I'm still up for the year, but the last 2 months have been very disappointing. Probably won't see $19.00 again until next year.
Earnings are about a month away, in the past we've seen upwards movement in this stock in anticipation. Perhaps this stock edges up for a bit?
I'm growing impatient with this stock. I know a lot of folks on this message board have a sunny forecast for IMGN in 2014. If it drops down into the 15's again I may punt.
I thought for once we had found new support levels in the 16 and 17 dollar range. Nope!
The fact this stock is at 13.00 is all on the management. Next rise up I'm going to punt and I won't miss this company at all when I'm gone.
I'm impressed, this thing might be at 14.00 on the nose by e.o.d.
This stock is stalling out and running out of steam. A real shame, because with the right leadership there was a lot of potential for this company. I don't think we'll see any upward movement until winter and at the start of the year. Till then I think this stock just hovers around the $14.00 range.
Me too. This stock will touch 18.00 from time to time that's exactly the time to get out. Then just sit around with some cash on the side and wait for a blunder that will drive this stock back down to 13.00.
I've cooled off a slight bit, last year this stock was low at this time of year and hovering around the 11.00-12.00 range if I recall correctly. Perhaps this stock slumps in the Holidays with some seasonal depression, but around the start of the new year will lift off again? Is this an annual pattern for the stock?
I came up with a good mnemonic device to help traders remember the pattern of this stock:
up to july imgn will fly
in novembe it will go timber