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

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From: Gary Mohilner1/3/2016 3:26:27 PM
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I cannot say that 2015 was a great year for IMGN shareholders, yet if you look at the price on December 31 in 2014 and 2015 you'll see it more than doubled, so you really can't say it was a bad year.

This year has the potential to be a great year as more data is provided from a number of trials, and some advancements are made in both IMGN owned and partners drugs in trials.

By a great year, I'm speaking of at least a double, and really the possibility of generating new all time highs, that's over $45. I cannot say what SGEN will do, but to me IMGN ought to be trading at roughly SGEN's market cap, rather than a small fraction of it. Hopefully this is the year this occurs.

Happy New Year's all,

Gary
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