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Sunday, January 21, 2024 5:48:28 PM
IMGN had a broad a broad platform and partnerships all over the place, They had Kadcyla approved a decade ago (OK, BMY had it approved).
I have no clue what was going on with it in the 90's. I do know what was going on in the 2005-present period though. The price rose nicely on the Kadcyla approval, but then fell with the first trial trial failure as that left them losing money and no reasonable prospect for over a decade.
I was one of those who sold out back then. I saw no reason to leave cash tied up for that long. Only got back in when they actually were close to real results a couple years ago.
I see no reason why the ,market was supposed to support IMGN.
BTW, congrats on selling back in the 90s. I am sure had there been a message board then you would have been posting "strong buy" as you sold.
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