IMU 1.41% 7.0¢ imugene limited

Why IMU is a multi multi bagger, page-22696

  1. 13,643 Posts.
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    Since this broke 10 cents on strong volumes something was up and we needed confirmation.
    That confirmation hasn’t come but the selling volumes haven’t slowed down. It was certainly a time to sit on your hands until there was a reversal of this current trend. That hasn’t come yet so don’t get in the SP’s way as it’s re-rating to the negative.

    There are no support levels for a while yet so we need to sit back and let it happen and wait for the appropriate signals.


    Its a shit of a thing for holders and I keep looking for an announcement to help explain things but nada.

    What seems cheap today becomes very dear tomorrow……until the reversal comes.

    Im sure you’re not the only one to have dived in but you can’t try and beat the market thinking you have bought the bottom unfortunately.

    Cheers

 
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