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Biotech / Medical : ImmunityBio converts from Immunomedics
IBRX 2.139+0.9%Nov 7 9:30 AM EST

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To: waitwatchwander who wrote (885)2/20/2025 11:52:34 AM
From: jargonweary5 Recommendations

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True, not yet money in the door but markets — imperfect though they are at times — are anticipatory engines and what they are anticipating (today) is something not good for the share price. My hope and my bet is that the broader market will be proven wrong about IBRX. Happily, that was the case with IMMU, although it took an excruciatingly long time for that to pan out. Since I have grown old investing in these wretched small biotechs my sincere hope is that the market will be proven wrong about IBRX in a much shorter time frame. We will see…assuming I live long enough.
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