Why IMU is a multi multi bagger, page-13228

Mixed trading results - some markets up and some down. FTSE was the only European market up - but not that much movement.

In the US, thh DOW went down by 140 points, The NASDAQ Biotech Index closed up 26 points and the NASDAQ rose by 62 points.

DOW seems to be copping most of the uncertainty of th debt ceiling negotiations - there is a meeting today on that issue.

Also, there was a weaker than expected data coming from the retail sales figures - expected to be up .8% but were down .4%

There is a lot of activity with BP in the US at the moment which should be of interest to IMU holders - when we get the $20bil TO offer ha ha ha, sorry could not resist that

FTC blocked AMGEN's take over of Horizon Therapeutics (US$28 bil) and Pfizer is seeking to arrange a US$31bil debt facility to but out Seagan.

FTC said that the AMGEN take over bid would stifle competition. When IMU hits the mark there would be no competition to match it.