From the sublime to the ridiculous.....Yesterday’s massive buy...

From the sublime to the ridiculous.....

Yesterday’s massive buy of approx. $400K by one buyer was sublime, as it was welcomed.

Today saw stand alone purchases of 8 shares at $0.03 for a total of 24 cents, a mere fraction of the brokerage cost no doubt, at 12:51pm and 1:35pm.

Undoubtedly the work of a furtive buyer attempting to ‘manipulate the market’ (lol), with a spectacular lack of success. Ridiculous. Or a ‘bot’?

Interesting that the HER-Vaxx phase 2 clinical update and IDMC approval caused barely a ripple on the day of the announcement, though long term holders with positive sentiment would hardly have been surprised at news of positive progress. It seems that once news spread, new buyers have become ‘believers’ and up went the SP.

Welcome to all new holders. The announcement was within the approximate and estimated timeline published in February Emergence presentation (page 5). Well done management. According to that timeline, more news in June (IND Clearance across PD-1-Vaxx, CHECK Vacc and VAXinia) and more again in July. More spikes ahead, assuming things progress as forecast.

The “Analysis” blurb on Nabtrade on IMU says: ”Consolidation Within Bullish Trend. IMU appears to be consolidating within a longer term uptrend. Shares are presently above the 200-day moving average, which is rising along with the 10-day moving average.” Uptrend - yes please.

All of that amounts to long-term confidence, even if one trader can only afford 8 shares at a time......