Tuesday, July 07, 2020 4:55:37 PM
I'm no different from anyone else here, but I've invested in enough biotechs to realize that so many estimates are missed that you're amazed when something actually happens precisely when forecast. I believe we're getting close + or - a few weeks to a month is no big deal for biotechs.
I've been in IMGN essentially from the time it became public. Back then the CEO would say something was happening soon. Soon we learned could mean in a year, so when he'd say soon, we'd post it backwards as NOOS, just our way of saying it was nearly meaningless. The one thing positive was eventually whatever it was did happen. I suppose relative to the history of the world, everything happens soon.
Gary
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