on watch & hoping for under $6 before bounce and pretty close but not so sure i will get it - chart seems to be indicating reversal.
^^Think bad news would be about the only downside BUT not sure how high this is going without news - needs more vol. Watching/hoping for more $5's at some point.
Volume is the key as it will flush out any stale bulls and should give investors a day or so to get in while the loose stock is mopped up.
Jazz Pharmaceuticals and ImmunoGen, Inc. Announce a Strategic Collaboration and Option Agreement to Develop and Commercialize Antibody-Drug Conjugate Products - https://finance.yahoo.com/news/jazz-pharmaceuticals-immunogen-inc-announce-103000343.html
^^ Up nice from yesterday's close already! Adding PT raise to $18. https://www.benzinga.com/news/17/08...gh-over-7-75-over-last-min-as-hearing-leerink
$18 seems a mad price target from here! Looks to me as though news of the above deal had leaked into the market before the announcement (as is always the case?)