IMC 0.00% 11.0¢ immuron limited

IMC foolish holders, page-40

  1. 2,465 Posts.
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    Definitely potential here... was it a pump? Maybe. Lots of sell orders in place. If it were a genuine buyer or uptrend thanks to progress/news IMO there wouldn't be much supply. The new buyers are the new sellers. Remember on the day of the 20% gain there was no supply just massive sell orders. Typical pump. But there is supply... on that note a profit is a profit so some long term holders may just want some $ for other investments/life expenses. I'm holding on for now and would like to see a steady uptrend from here on... in saying that 30c would seem too cheap for this stock with the risk/rewards at place so a 10-15% gain at a new support of 34c is a more reasonable price IMO. DYOR
 
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