Marucci bought 5800 hares just last week in the 16s and the form 4 says he owns over 58000 shares (and i don't think that includes options).
So what do you guys think is driving the stock lower here? Given all this value and some decent news (license deal; hiring of Cantor); why is this still showing weakness? Sorry a newbie trying to time this and figure out what I am missing.
Thanks. makes sense. So isn't this a buy? Is this a get the research for free play and why BVF involved?
How can the cash total be so much higher than book value if they have no debt outstanding? I am new to this company (noticed BVF position) and wonder if any long time holders can explain this conundrum? Thanks!
I doubt it is institutional...as they are not likely to sell into a hole like this...stock down 18% in less than 48 hours.....this is retail momentum guys dumping....look at xbi
IMGN is up way more than the sector on higher than normal volume. I have no idea what is up - but something is causing this other than the XBI.
There has to be news somewhere...too much volume to think somebody does not know - or think they know - something that is happening.
Charts still seem to say breakout of pennant formation should at least take us back to 18.
This stock has flat lined for 2 years! We need Stillwell in there to make sure management cares more about stockholders than their cushy jobs! Thanks!!
No fund would dump in last 15 minutes on a friday in June!!! It was index related but still trying to determine the details. Anyone out there know?