Insider Transactions Reported - Last Two Years
Date Insider Shares Type Transaction Value*
Jun 12, 2014 ERICSON WILLIAM W.
45,875 Indirect Acquisition (Non Open Market) at $5.97 per share. 273,873
Jun 10, 2014 ERICSON WILLIAM W.
68,921 Indirect Acquisition (Non Open Market) at $5.21 per share. 359,078
Dec 12, 2013 HUNKAPILLER MICHAEL
55,087 Direct Purchase at $4.16 per share. 229,161
Dec 11, 2013 HUNKAPILLER MICHAEL
44,913 Direct Purchase at $4.10 per share. 184,143
Nov 21, 2013 HUNKAPILLER MICHAEL
200,000 Direct Purchase at $3.61 per share. 722,000
You'd think that after contributing to a partial cure for Malaria that Agenus' shareholders would be entitled to some scrap but it appears their 95% losses are now cast in concrete.
Hopefully our latest batch of posters are now more familiar with the pattern. When there's a sudden pps advance, you sell, then sit back and wait for the pps to return to normal to replenish your shares. If we all try to help each other we may learn something in the process.
" Its a long term stock without news it can drift lower and u keep adding."
If you really thing the long-term outlook is good, a better idea might be to wait 'till it stops falling and starts advancing and then start adding. It's almost certain it will drift back to the $2.50 range in the next 3 to 6 months. Waiting for that entry point would reduce your losses if AGEN continues to deliver nothing, as it has done for 15 years now.
The pattern is slightly changed. It now looks like it may take 2 days to eliminate the morning's exuberance. Who would have thunk AGEN could hold 25% of a gain for a whole day! as Bob Dylan once wrote:- "The times they are a changing.", and just when Garo had swapped his options for hard, cold cash salary.
".if someone wanted to plunge into immunotherapy and wanted a fairly mature pipeline"
Since that has not happened, I guess nobody wants to be a Dendreon!
You obviously have not heard the tale of the The Scorpion and the Frog. Despite the total lack of logic both here, and with that sad tale, there's only one possible outcome.
Don't be fooled into thinking Agenus is now a different animal. The frog could not escape the scorpion's nature and Agenus shareholders cannot escape the market's doubts.
This is how it is. Don't drive yourself crazy thinking it's different this time. You'll just wind up floating belly up, with the frog.
I was like you 10 years ago but I've changed. If AGEN announced they had a pill that, taken annually, allowed people to live healthy lives to the age of 250, the pps would jump 50% and then drop 70%.
For whatever reason the market puts no credibility on cancer vaccines. Perhaps Dendreon has put a curse on this industry segment!
There are no weak or strong hands - only smart and stupid. We don't know who is show yet. The market will make that known in time.