over 3000 million IMC equivalent shares ( 75 million IMRN) were traded on Nasdaq at an average price of 65 Australian cents ( USD 18) on 9th June. The total value of trade that day was close to $ 1 billion. Since then the price has been slowly going down with a very small volume. For example, last night Nasdaq volume was less than 100000 shares. This shows that those who bought big volumes are holding for certain news. I believe the current price is a good one to buy.
IMC Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held
