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Biotech / Medical : ImmunoGen
IMGN 31.230.0%Feb 26 4:00 PM EST

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To: Sonny who wrote (3661)11/8/2000 10:32:01 AM
From: Sonny  Read Replies (3) of 5665
 
1 observation of concern: The monkey news out, but still volume is not that high on the rise. Does it mean that the short-term game is over for this rally? (In other words: folks who got in way early in the expectation of this news are slowly getting out, and only the naive, retail, generally-too-late crowd getting in now?). Another technical development is that, the gap has developed, that must be eventually filled. Does that mean that, soon a sell-off may commence, perhaps in the absence of any other short term catalyst seen in the near future? I thought the PR would result in some kinda volume spike, but seeing much more subdued action on that front. So, should we take it to mean that we have seen the highs of the trading range for now? All questions of moderation here, trying to contain the excitement in the name of balance, that otherwise might leave some ST traders holding the bag for quite a while involuntarily. All imho of course and something to think about. Another thing: Isn't it the case that typically an abstract of a scientific presentation would necessarily have to include all the salient-points that needs to be presented in a conference? If thats the case, it might put a cold water on the expectation of some, that, the presentation may release some significantly new info that we don't know yet via the abstract pointed to in a post earlier, thats of any additional short term value for the near term price movement. I may be wrong here in this assumption, so comments welcome.

regards to all,
-/Sonny.
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