IMU 9.26% 5.9¢ imugene limited

IMUGENE CHART. TA only, page-13530

  1. 461 Posts.
    lightbulb Created with Sketch. 96
    How inventive. How much of your day did you waste on that? Is that ment to represent the voices in your head...maybe its time for some therapy. Lets talk again if it gets back down to 19c before IMU release anything.

    @THE chosen - I disagree because Ive already ridden the way up before. Have a look at the depth, its very very thick, Millions of shares at every price level. Plenty enough to hide a couple of hundred thousand shares without budging the price at all. You will always be able to get in after the announcement. And you can get out too, but at what price. The results will only come via a trading halt which means if you are sitting in ahead of the announcement you have no choice but to accept whatever match price it comes back on at. Hedge funds dont care about losses if they dont like whats being told they will sell. Check out Mesoblast or if you can find it Biota to see what happens to Biotechs, its not pretty.

    For all the criticism not one logical reason has anyone posted to remain in falling stock.

    @mrdingo - fair call BUT in my mind with so many trials that actually increases the risk. If any one goes down the market will probably judge all the others by the same metric until it has information otherwise. Its the old 'sell now, ask questions later'.
    You could argue that the same will work on the positive side but typically the market always has a greater reaction to bad news than it does to good.
    I might miss out on some of the profit on the way up but I'll still get some if Im a bit late to the party, but in the meantime however my money is very safe back in my account.
    Best of luck.
 
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