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Biotech / Medical : Immunomedics (IMMU)
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To: Zeev Hed who wrote (219)1/12/1998 12:18:00 AM
From: Louis Cristiano  Read Replies (1) of 371
 
To all:

Friday's selloff in IMMU reminds me of many prior selloffs in other stocks that served no other purpose but to create panic selling. I may be wrong on this one, but it smells like a fakeout. The powers that be are driving the price down to shake out all the weak holders.

I believe we will see a bottom made this week that will not be seen again.
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