IMM 1.59% 31.0¢ immutep limited

speeding ticket, page-5

  1. 9,081 Posts.
    Been watching this closely and I doubt very much if today's massive volume and s/p spike would be as a result of the ASCI newsletter recommendation. No doubt it had a positive effect on the s/p - that's a given ..... BUT ... the volume is huge and that can't be simply due to ASCI subscribers rushing in to buy.

    Seems to me that there must be a confluence of factors at work here to explain that huge volume and the s/p holding the key line at 0.15c. As others have postulated, imminent NASDAQ listing may also be a s/p driver. Looks like this stock has had, for whatever reason, a big wake up call as its potential is being realised.

    I don't think the rise is a "flash in the pan" and I don't think it will fall back to pre 23/12/10 levels as it has made a key technical breakout on very large volume.

    The ride could be just beginning.

    Anyway, that's my 2c worth.
 
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