In 2020, when the price got to $0.056, I posted here that I would wait till it gets back to $0.053. When the price showed signs of flying through $0.5+ I posted again to congratulate LT holders while I had "missed out".
Yes, i questioned, but missed to follow my senses after directors sold at peak, then been lending their shares to shorter, and now "retiring", possibly to have opportunity to sell shares before this tanks ...
Over the last couple of years, I have entered this illusive stock more than 10 times, not as a DT, but with LT intentions. Each time (maybe except for once) I counted my losses and got out ... today for the very last time.
Over the last few years SHs have lost about $3 BILLION in this stuck. How much have directors EARNED?
So, here are my 3 reasons why IMU is a multi bUgger ...
1- Directors, 2- Lack of focus on the science, 3- Directors, 4- Lack of focus on return value for SHs, 5- Directors, 6- Did I mention directors?
In my view, IMU is purely an opportunity for directors to play the shareholders and feed their lifestyle.
Yes, you can call me a bitter loser if you want, but if as a LT holder you claim you have been winning, then I doubt if you are honest about being a LT holder, ... a local resident DT or at best obsessed with the stock?
P.S. FYI- I have been in the trading game for some 3 decades. I am knowledgeable in the medical/oncology field and have mostly been investing in biotech, particularly oncology.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)