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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: urslor who wrote (936)3/29/2025 3:57:56 PM
From: bobbseytwins20018 Recommendations   of 1229
 
Seems to us like the "challenge" of holding or buying more IBRX is really the difference between short term trading or long term investing. The fact that Anktiva is now an FDA approved product for bladder cancer with sales ramping up tells us from experience that the fundamental value of the company will grow. If eventually other cancers are treatable with Anktiva, and if it is approved for some of them, sales will continue to grow. This is the definition of investing for the long term. If investors own IBRX for a trade, the fact that the entire Biotech community is in a long term consolidation [bear market] with no end in sight makes it look silly. As an investment IBRX is in position to become cash flow positive within a year or so, and that is a whole new ballgame. Of course an international partnership with capital investment is the wild card.
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