This below was posted on another BIO site ( not NEU ) i do believe the whole BIO sector has NO love...
We are not alone nor immune to these crazy SP movements................have a look over at NEU, currently down >50% in last 12 months and sitting at 12 month lows, plenty of cash in the bank and flowing, good trial data & promising second drug, positive, positive, positive so WTF, some similarities to PYC.
Biotech in general still has not quite turned the corner yet, it gets talked about but the reality is the tide has still not turned, I have a few and I can tell you that I am not impressed by any of them currently.
The fundamentals here are sound, although it can be hard we need to not get so caught up in the emotion and noise and take a break from analysing the SP every hour
IMU Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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