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Biotech / Medical : Immunomedics (IMMU) - moderated

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samcat500
To: samcat500 who wrote (43253)6/13/2017 4:38:53 PM
From: allatwwk1 Recommendation  Read Replies (2) of 63283
 
samcat, depends what you want from your IMMU holdings.

I think we see 8 again, likely soon. The stock seems to hit a wall about 8.25, but I think it'll bounce around close to this number (say between 8.25 and down 10% from 8.25, or 7.43). No reason for it to drop more dramatically without bad news -- and most of the news around the corner looks like its going to be positive (new CEO, continued solid 132 TNBC data, new shares approved).

One can always take a part of their shares off the table. I'm pretty bullish, so I sold about 1% at 7+ and another 1% at 8+. Not much off the table, but locking in some gains in risky, volatile stocks is my personal, preferred path. Have also done with other stocks, too.

If for some (non-fundamental) reason the stock retraces back down, I can re-buy the shares I sold.
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