IMM 3.51% 27.5¢ immutep limited

how far can they drop, page-38

  1. 2,649 Posts.
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    They can drop any amount. There is plenty of profit still available for people who don't care to see a profit reverse.

    Also, the same quick-responding people are quite likely to ride it back up. Hooray, another quid made by buying low and selling high - not necessarily the highest, just higher - pretty much the name of the game.

    If you don't want the risk and want to lock in a more modest profit, you can still do it.

    It ran pretty quick to 28, and I was hoping it would
    run a bit further and when it didn't, hold around 20 cents before making another spirited attack on 30c.

    Hey, wrong on both counts, but it would be rash to revert to the exaggerated adverse view.

    Seems amusing to me that the half-baked letter from the CEO to shareholders was able to so quickly undo the good work of Martin Rogers - you'd think he must be a bit dirty.

 
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