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

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To: RJMC who wrote (3810)1/24/2001 1:01:16 PM
From: NRugg  Read Replies (1) of 5665
 
New Biotech Index
Most posters seem to feel that the inclusion of IMGN in the revised NASDAQ Biotech Index was the main reason for the big jump in price on January 23.

What intrigued me was that this jump was accomplished with only 840,000 shares, slightly less than the average of 902,000 according to Yahoo. The last time IMGN made a similar jump of about 4 points, Nov 1, it took 1,407,000 shares.

I can't believe that the Jan 23 announcement took Barkleys by surprise either. I did me, and I guess a lot of retail investors who had been sitting on the sidelines.

Norman
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