Good summary Jack ! Good strategy I think u should do well Cheers

First 23481 Last

Share
Profile

Follow
valueadd

5,667 Posts.

1780

11/05/24

12:49

Post #: 73776825
Share

Originally posted by Jack1960 ↑

Knock, knock, knock.

No guarantees, but anyone who has the capacity to think beyond a week or a month or even a year, should be hearing the sound of opportunity.

l am not a classic trader, l regard myself as an active investor. In any event, at the low 7s l expect that sometime over a time period beyond one day, IMU will release a positive announcement and the share price will reach the high 9 cent level (again).

No one can know the day or the month or the even year this may occur, but one can be ready for it and profit from it.

l have a large long term portfolio position in IMU and a smaller short term trading position.

Happily topped up this week more than l expected to at 7.1c and prepared to buy more in the 6s if we get there or the 5s. On any bounce above 15% l will sell these new parcels to get my money back with a profit, and watch the SP rise to whatever level it goes to knowing my long term holding will fully participate.

My process may not be for everyone, nor is it infallible. l don't offer it as advice. Just a process or idea for younger readers to consider.

It took me decades to learn to control my impulse to catch falling knives without losing too many fingers. I have found it works for me and has maximised opportunity, minimised losses and leveraged what was originally a finite amount of capital.

Although l mostly l want IMU to succeed in its mission of treating cancers, l will not lie, l am also here to make money.

GLTASH

Expand

Good summary Jack !
Good strategy

I think u should do well

Cheers

IMU Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

There are more pages in this discussion • 1,920 more messages in this thread...

First 23481 Last

Add IMU (ASX) to my watchlist

(20min delay)
Last 5.4¢		Change -0.001(0.93%)		Mkt cap ! $389.5M

Open	High	Low	Value	Volume
5.5¢	5.6¢	5.3¢	$510.0K	9.489M

Buyers (Bids)

No.	Vol.	Price($)
17	934899	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	2123189	21

View Market Depth

No.	Vol.	Price($)
20	1269919	0.053
23	1731395	0.052
16	1572242	0.051
39	3200313	0.050
36	5190185	0.049

Price($)	Vol.	No.
0.054	2131050	20
0.055	1042953	6
0.056	1170041	10
0.057	1219298	7
0.058	1098372	6

Last trade - 15.52pm 11/07/2024 (20 minute delay)

IMU (ASX) Chart

Good summary Jack ! Good strategy I think u should do well Cheers

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Canadian fieldwork yields multiple pegmatites for Trinex

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Good summary Jack ! Good strategy I think u should do well Cheers

Top Stories

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Canadian fieldwork yields multiple pegmatites for Trinex

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News