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Pick Up Antigenics at a Bargain Price

 Oct 22, 2009 12:06 PM UTC
Return Risk
-11.17% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
AGEN n/a
CHMP n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

In an early Wednesday press release, Antigenics (AGEN) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMEA) has verbally notified the company that a negative vote should be anticipated in November, when the European regulators will meet to officially cast their votes.

As a result of that press release, the AGEN stock tumbled by over 40% before settling in at just above $1.20 during mid-day trading.


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