Could IMGN make a run at $10 before options close tomorrow
It's gains today might be making people who sold $10 calls nervous, but they'd really need to put two great days together. I believe that anything is possible. Clearly anyone who sold $9 calls will lose their shares unless they act quickly.
I believe our stock is largely undervalued, and being manipulated, and there will be a point where those doing it will take it the other way. I really cannot say that SGEN is overvalued, and frankly hope it isn't. I say that because I believe the time will come when our values are much more equitable, and perhaps IMGN's market cap even exceeds that of SGEN, so if anything, I hope SGEN continues to go up.
Gary