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Biotech / Medical : ImmunoGen -- Ignore unavailable to you. Want to Upgrade?


To: Sonny who wrote (3678)11/8/2000 10:47:38 AM
From: Tom  Respond to of 5665
 
Volume is very heavy, not light. Stock moves up "despite" good news (a pattern we've seen more often than not with many investments). That's very positive. What is happening? Maybe it's just human nature at work. We get excited, we buy. We see a profit we sell... some. Then more news awaits. Rumors (have there really been any good rumors on this one?) and news push it all the more. Seems to be in a cycle with a decidedly positive pattern. It's not unreasonable to assume that it's based in positive results on the clinical level. This stock isn't behaving like anything indicative of hype or hysteria.

Tom



To: Sonny who wrote (3678)11/8/2000 11:06:53 AM
From: Marty R  Read Replies (1) | Respond to of 5665
 
Sonny,

You don't think nearly 1 million shares in 1 1/2 hours trading is a volume spike? Come on. Sometimes I wonder if we're talking about the same stock.



To: Sonny who wrote (3678)11/9/2000 1:43:24 PM
From: Sonny  Read Replies (1) | Respond to of 5665
 
As suspected yesterday, seems like the short-term rally here is over now. Recounting of votes is leading to smaller margin between the 2 candidates. Most likely Dem's will ask for secondary election in the entire FL state, because of the 19K votes wasted due to confusing ballot forms. Does this mean this thing could linger on for weeks? Uncertainty and pressure on pharmaceuticals in the interim, could trickle down to biotechs eventually?? .... lots of walls of worries at this juncture imho.

regards to all,
-/Sonny.