IMU imugene limited

7.69%

1.4¢

Why IMU is a multi multi bagger, page-12159

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Stagsrus

201 Posts.

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19/03/23

21:36

Post #: 66848521
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Originally posted by TheAnalyst007: ↑

The biggest profits are made when you "buy when there is fear, sell when there is greed." Buying when the uptrend resumes certainly goes against this common philosophy espoused by the most successful investors.

In my view, if you have researched the company and are confident in the prospects, you should be comfortable buying in even the most fearful of times. If you have not researched the company and are not confident, you really shouldn't be buying even if you think it has begun an uptrend. Following the trend will never result in outsized gains, and you will typically end up being the last to buy and the last to sell. Especially with a stock like this, you will rarely find a long and sustained uptrend. These stocks are rollercoasters with massive and rapid share price appreciations and depreciations. When the bulk of the gains typically occur in a single session with stocks like IMU, can you really say that a trend strategy is the best approach here? Up to you though, I can't tell you what to do, this is just the way that I approach investing

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I agree with you there TheAnalyst, I topped up rather largely last week purely on what I've seen from the company and the road shows.
The share price is still below my average but I'm confident anytime soon that trend will change, if it doesn't ....... oh well at least I had a crack

IMU Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $104.5M

Open	High	Low	Value	Volume
1.2¢	1.4¢	1.2¢	$267.3K	20.57M

Buyers (Bids)

No.	Vol.	Price($)
5	788815	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	13241534	29

View Market Depth

No.	Vol.	Price($)
2	406921	0.013
52	13104870	0.012
37	7099788	0.011
51	15783275	0.010
13	2798488	0.009

Price($)	Vol.	No.
0.014	12761766	25
0.015	7786799	32
0.016	6497205	27
0.017	9090240	16
0.018	2944932	17

Last trade - 16.10pm 20/06/2025 (20 minute delay)

IMU (ASX) Chart

Why IMU is a multi multi bagger, page-12159

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