It's not the first time IMU has performed well when the market as a whole is dropping. I think that supports the idea of accumulation based on how speculative the stock is. I think there is enough evidence to have a case for a bottom here. Time is ticking for the next announcements, management has been ambiguous while also giving pretty close time frames for several data readouts. I really like that approach. As I've said already, the next 6 months will be make or break for IMU, the market has already seen the last data announcement rise 300%, what about 5 in a row?
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5.6¢ |
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Mkt cap ! $409.9M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 933589 | 5.6¢ |
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Price($) | Vol. | No. |
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5.7¢ | 776750 | 4 |
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No. | Vol. | Price($) |
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8 | 933589 | 0.056 |
20 | 3559913 | 0.055 |
12 | 1554216 | 0.054 |
16 | 1079310 | 0.053 |
10 | 925037 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 776750 | 4 |
0.058 | 1858673 | 10 |
0.059 | 1020545 | 13 |
0.060 | 1857233 | 15 |
0.061 | 605417 | 7 |
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