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6.0¢ imugene limited

I think in the last sentence you meant "On," unless is was a...

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Houndie

2,502 Posts.

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09/06/23

13:08

Post #: 68216754
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Originally posted by GinoE: ↑

Going to be interesting to see how the next few weeks go. If I know one thing from my short time in the markets, it's when everyone is shouting from the rooftops and too many people board the same train, it's time for the market to switch. We have just seen it with the AI bubble, the day everyone started shouting "Nvidia to the moon!" I sold my entire holdings and the next day if fell off. That isn't a 1 off, I've seen it many times, Bitcoin is another great example.

The same thing is current happening with IMU, except in the opposite direction. All of a sudden you have a big increase in short percentage and far more "regular" people calling IMU to 2c. While retail is all jumping on shorting and selling, the instos will flip the switch and buy up all the shares sending the SP back up. I'm convinced this is how the market works.

So in a weird way I'm happy about this massive influx of down rampers, to me it means we are close to a reversal. Instos now see the train is full and it's time to get off. The instos choose the train, we just have to get on and off at the right stops and I would definitely be getting off right about now.

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I think in the last sentence you meant "On," unless is was a pun, then it's quite humorous.

IMU Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.0¢		Change 0.004(7.14%)		Mkt cap ! $431.8M

Open	High	Low	Value	Volume
5.6¢	6.0¢	5.6¢	$915.5K	15.61M

Buyers (Bids)

No.	Vol.	Price($)
19	661547	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	889499	18

View Market Depth

No.	Vol.	Price($)
17	565452	0.059
18	1435821	0.058
16	2124533	0.057
18	2491749	0.056
28	4891174	0.055

Price($)	Vol.	No.
0.060	897828	19
0.061	481821	15
0.062	2323709	10
0.063	548246	4
0.064	494640	7

Last trade - 14.08pm 20/06/2024 (20 minute delay)

IMU (ASX) Chart

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