(Total Views: 328)
Posted On: 08/29/2017 2:18:28 PM
Post# of 15624
I certainly cannot say where the bottom will be, but after reading certain messages and getting a major gain in IMGN, I used some of my new equity to double my position here.
I thank the basher's if they were some way giving me these prices, but no matter what they say, they'll not be able to counter the positive news I believe we'll see before the end of the year.
As I see it, the company should see far more in any partnership if they wait for data from the safety trial, so that should be the start of the positive news. If in fact that trial has been expanded to those with a variety of skin diseases, and data is positive for at least some of them, it could blow the roof off the stock price before any new partnerships are announced.
In my mind, the U.S. is too large a target to ignore, but State by State partnerships may be the answer, with California being at the top of the list. Once positive data is announced, I believe such partnerships will start to trickle in.
I say trickle in because if you look at IMGN, that's precisely what happened today. The company for over a year had discussed their desire to partner some of the products in their pipeline, it took over a year, but today it happened in a big way. I cannot say that OWCP will have one huge partnership, or many small ones, nor can I say they won't be bought out, but I believe I can firmly say that with positive data being revealed, something will happen.
Gary
I thank the basher's if they were some way giving me these prices, but no matter what they say, they'll not be able to counter the positive news I believe we'll see before the end of the year.
As I see it, the company should see far more in any partnership if they wait for data from the safety trial, so that should be the start of the positive news. If in fact that trial has been expanded to those with a variety of skin diseases, and data is positive for at least some of them, it could blow the roof off the stock price before any new partnerships are announced.
In my mind, the U.S. is too large a target to ignore, but State by State partnerships may be the answer, with California being at the top of the list. Once positive data is announced, I believe such partnerships will start to trickle in.
I say trickle in because if you look at IMGN, that's precisely what happened today. The company for over a year had discussed their desire to partner some of the products in their pipeline, it took over a year, but today it happened in a big way. I cannot say that OWCP will have one huge partnership, or many small ones, nor can I say they won't be bought out, but I believe I can firmly say that with positive data being revealed, something will happen.
Gary
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