ImClone

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ImClone

A former publicly-traded company specializing in biotechnology, particularly the development of drugs treating cancer. It is known for the insider trading scandal involving its CEO, Sam Waksal, and television personality Martha Stewart. Both served time in federal prison for attempting (Waksal) or conducting (Stewart) insider trading. Since November 2008, ImClone has been a wholly-owned subsidiary of Eli Lilly and Company. Prior to its acquisition, ImClone was traded on NASDAQ.
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Prior to today's trading, Schaeffer's put/call open interest ratio (SOIR) for IMCL weighed in at 0.
Click the following link to see a Monthly Chart of IMCL Since June 2004 With 10-Day Moving Average: http://www.
IMCL is slated to release its own earnings report on Wednesday, July 26.
Turning to the technical picture, we find that despite today's surge higher, IMCL remains mired in a long-term downtrend.
According to Zacks, IMCL garners six "buys," six "holds," and three "sells.