ImmunoGen Inc (IMGN)

[skitahoe]

As I previously indicated I'd purchased IMGN April 7 calls, today I converted them so I've added substantially to my IMGN holdings. As I view this, I did very well with the calls, however had I purchased the stocks back when I bought the calls on stock weakness, it would actually have cost me less. The point I'm making is that if I were sure the stock would be up this month, I would have been wiser to purchase the stock. On the other hand, the calls were a cheap way to establish my right to buy with the stock up dramatically.

If I had it to do all over again, I might have purchased more calls and then sold some of them at a substantial profit to purchase the remainder and spent nothing, or little more out of my account.

Just some food for thought.

Gary