Immunex Message Board - Msg: 2770593

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Biotech / Medical : Immunex

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To: TideGlider who wrote (138)	11/19/1997 7:03:00 PM
From: Bob Swift	Read Replies (2) of 656

>>If this stock heads down and breaks 60 their will be no cushion. It will free fall to the 42 levcel...then the next strength seems to be 36...29 and 20....<< Exactly what I fear too. The upside from here is too limited. Not too many positive news will surface between now and 1998 when the FDA filing takes place. The downside is hugh. The risk outweight the reward quite a bit. I watched IMNX tick by tick today and get more worried. Most of the trades are 100 shares or so. This so-called rebound happened on light volume looks dangerous to me.

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