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Biotech / Medical : ImmunityBio converts from Immunomedics
IBRX 2.139+1.4%3:59 PM EST
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From: jargonweary3/30/2025 3:31:16 PM
2 Recommendations

Recommended By
bobbseytwins2001
Fitzhughlaw

   of 1229
 
Without engaging in a debate about whether PSS has crazy, conspiratorial ideas or brilliant, innovative ones — and of course it is possible he has both — and leaving aside his political views, I would simply observe that history gives us many examples of people who have been wildly successful while holding and publicly expressing offensive views. Henry Ford was an amazing and successful business innovator; he was also an anti-Semite. Charles Lindbergh was a great, pioneering aviator; he also was a Nazi apologist. Many successful and accomplished people in the early years of the 20th century were also strong believers in the racist theory of eugenics. It is possible and perhaps even not unusual for successful people to be, shall we say … odd. Whatever the case with PSS, IBRX has an approved drug and seems poised for more good news. I have concerns about cash drain and possible further dilution, but not so much the unrelated views of PSS. Here’s hoping I’m right to be cautiously optimistic.
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