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Biotech / Medical : Immunomedics (IMMU) - moderated
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To: weatherproof who wrote (49555)1/22/2019 12:38:29 PM
From: idahoranch19 Recommendations  Read Replies (1) of 63311
 
I’m with you weather with the suspicion of the motive of those posts, but I did like learning things about the process as that’s what needs to be fixed. The one thing about being in Maui is that the time difference is great enough from most of the mainland that I was reading several of his posts when the evening was still young and it didn’t occur to me that he was up all hours of the night before the first day of trading, that would have been a bit of a flag to me. There were 3 or 4 sentences that did lead me to think “motive” which we aren’t supposed to judge here, so I won’t. One was “Then I remembered I was long”.

I recommended some of the posts as I felt the information was valuable, I want to know some of those things. I don’t believe, maybe naively, that the issues brought up are as bad collectively as I believe most have been remedied and as a couple of posters have mentioned, if they were as bad as presented, how could they still be treating patients in the trials? There’s been no halt by FDA of any clinical trials, if there were it would have to be made public.

So here we are in the $12’s, almost perfectly where the Goldman Sach’s report said we would be if we got a CRL. We are holding up OK given the market and sector weakness today. We got a report from our drive by guy that there were 40 cars at the company on a holiday yesterday, I’d guess a few were for manufacturing and most were digging into what the heck happened.
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