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Strategies & Market Trends : Under $5.00 stocks

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From: Gary Mohilner4/30/2006 2:51:34 PM
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I've been an investor in IMGN for over 15 years. It's currently under $5, so it qualifies to be mentioned here. It previously had a high of $45 in 2000 when many companies were setting all time highs. I believe it has the potential to see those numbers again, and much more, if its Platform Technology is proven, it will take some years.

Don't take my word for it, do your own research. Go to the Immunogen.com website, you'll note they have a conference call scheduled for Thursday this week, listen in.

I really don't expect anything big to happen until later this year, around November, when some of the drugs in trials should present data at major conferences. I certainly believe it could move above $5 before then, but a really big move will require positive trial data which could be coming late in the year.

Gary
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