IMM 11.0% 40.5¢ immutep limited

is prr going to close the gap at 12?, page-12

  1. 6,900 Posts.
    lightbulb Created with Sketch. 50
    wow, the gap question is now being posed....

    I cant believe that the gap question is now being posed...

    The bottom of the gap is actually 12.5.

    Robhood, i always admire your enthusiasm.

    When technicals said to exit around the 40 mark, we now find the stock at 16cents.

    The trouble is the stock now needs to rise another 1 1/2 times to get back to that level.

    Not only has the price more than halved but you have actually lost 4months of investment time as well.

    If you bought 100,000 shares at 20cents and sat they would now be worth 16,000.

    If, however you sold at 40 you would not only be up 20,000 you would also be able to buy back when the stock starts to move again.

    or you could buy 250,000 at 16cents and if they reach 40 again, they'd be worth $100,000...

    Fundamentals are great, but technicals are sooo much better.


    Cheers

 
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