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Biotech / Medical : Biotech for less than cash value

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To: Gary Mohilner who wrote (392)10/30/2016 3:56:14 PM
From: Gary Mohilner  Read Replies (1) of 684
 
When I posted the original message IMGN was trading for more than its cash per share, now it's trading for less. They have reorganized, laid off some people, and still they've had no further negative clinical news, yet the price is now dramatically below their cash holdings per share. In short, I believe it's greatly under priced.

Gary
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