Tell me an "easier" stock which will go from 1c to 62c.

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AlCp

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17/05/24

14:29

Post #: 73879872
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Originally posted by RitzyBusiness ↑

Some of you may remember me as an active member of the IMU HC threads from under 1c to the highs of 62c in 2021. The last time I popped into the IMU threads was in the lead up to the well hated SPP in late 2023. I loved that SPP and bought my full $30k allocation when around 50% was passed up. I would have taken more if I was able to!

I have known @Mason14 for a couple of years now through our common interest in Biotech investing. From chatting to him one on one and debating the merits of Imugene (IMU) back in 2020-2021. I was in IMU and Mason was not, but I did my very best to try to convince Mason he should take a position in IMU.

I decided to sell out of the majority of my IMU position close to the highs of 60c to 40c back in late 2021. Lucky for me, I was sitting on a huge profit on IMU.

Part of the reason I sold out of IMU was Mason shared his own compelling research that it was time for me to get out of IMU. Other part was my own portfolio and risk management.

At the time, Mason also shared his thoughts on IMU in HC, so anyone could have definitely also profited from it at the highs and taken profits at that time.

IMU is now 7c (from high of 62c).

Mason’s research reports is something to definitely pay attention to … it pays off. At a minimum, you get a free and valuable education on science. Mason does deep fundamental scientific research (PhD level) and writes in simple easy to understand language (layman’s terms).

Sometimes … It’s not what you know, but who you know or who you read!

Don’t hold onto stale stocks in your portfolio. This cost you better opportunities. Why wait for IMU to redo 1c to 62c again, when there are other opportunities, and I argue easier opportunities for this levels of return.

I love this quote (below) from the late, great Charlie Munger. Warren Buffett mentions this quote a lot when he talks about his biggest investing mistake and regrets, ie it is not the investments you made, but the investments didn’t make but should have and had every opportunity to do so because you were informed about it (RitzyBusiness: especially when someone has been kind enough to share their deep and detailed fundamental research on forums).

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Tell me an "easier" stock which will go from 1c to 62c.

IMU Price at posting: 7.4¢ Sentiment: None Disclosure: Held
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Tell me an "easier" stock which will go from 1c to 62c.

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Tell me an "easier" stock which will go from 1c to 62c.

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