IMU 0.00% 5.8¢ imugene limited

Why IMU is a multi multi bagger, page-23488

  1. 1,687 Posts.
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    Knock, knock, knock.

    No guarantees, but anyone who has the capacity to think beyond a week or a month or even a year, should be hearing the sound of opportunity.

    l am not a classic trader, l regard myself as an active investor. In any event, at the low 7s l expect that sometime over a time period beyond one day, IMU will release a positive announcement and the share price will reach the high 9 cent level (again).

    No one can know the day or the month or the even year this may occur, but one can be ready for it and profit from it.

    l have a large long term portfolio position in IMU and a smaller short term trading position.

    Happily topped up this week more than l expected to at 7.1c and prepared to buy more in the 6s if we get there or the 5s. On any bounce above 15% l will sell these new parcels to get my money back with a profit, and watch the SP rise to whatever level it goes to knowing my long term holding will fully participate.

    My process may not be for everyone, nor is it infallible. l don't offer it as advice. Just a process or idea for younger readers to consider.

    It took me decades to learn to control my impulse to catch falling knives without losing too many fingers. I have found it works for me and has maximised opportunity, minimised losses and leveraged what was originally a finite amount of capital.

    Although l mostly l want IMU to succeed in its mission of treating cancers, l will not lie, l am also here to make money.

    GLTASH





 
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Last
5.8¢
Change
0.000(0.00%)
Mkt cap ! $424.5M
Open High Low Value Volume
5.8¢ 5.8¢ 5.6¢ $1.032M 18.08M

Buyers (Bids)

No. Vol. Price($)
1 90000 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 744737 5
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
5.8¢
  Change
0.000 ( 1.03 %)
Open High Low Volume
5.8¢ 5.8¢ 5.6¢ 4924782
Last updated 15.59pm 14/06/2024 ?
IMU (ASX) Chart
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