Immunomedics (IMMU) - moderated Message Board

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Biotech / Medical : Immunomedics (IMMU) - moderated

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From: courtjester	10/6/2009 7:08:21 PM
	of 63325

After the hack job we got from "The Street.com" today, I actually think it's healthy that today's decline was on only 0.7 times (3-month) average daily volume. It's a shame that anyone takes that brand of so-called "journalism" seriously. To portray IMMU as some sort of failure because the late-breaking abstract wasn't one of only six accepted is amateurish and irresponsible, IMO. OTOH, I took the opportunity to add on today's dip. A little perspective on volume; IMMUs (3-mo) a.d.v. has been on a marked upswing after years of relative stagnation. Only three months ago on July 6, IMMU's a.d.v was 424,386 (closed @ $2.46). Six months ago on April 6 it was 215,238 (closed @ $1.04) Hmmm, generally rising price and volume...is this a trend?

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