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Biotech / Medical : Immunomedics (IMMU) - moderated

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To: stockdoc77 who wrote (50164)2/8/2019 1:33:52 PM
From: allatwwk6 Recommendations   of 63284
 
Of all the things posted since the CRL, the most disconcerting was the 38/38 track record by the FDA on accelerated approvals (I didn't have this info, but it was posted by a reliable poster, so I'll assume they got it correct). Now its 38-1 and IMMU is the 1.

I'm not sure what to make of it, but it isn't good. There is a disconnect between FDA and IMMU and I have no idea what it really is or what is behind it.

A lot of things don't really add up at this point, but I am certain of one thing: IMMU is now an execution story and mgmt has got to execute. Until they get an approval, I don't see anything (other than a buyout) which will move the shares a lot. They have to show they can get a product approved.

At this point, I only care a little bit about what mgmt says. I'd appreciate clarity, but I don't really need it. It isn't about words anymore.
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