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Biotech / Medical : Immunomedics (IMMU) - moderated

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To: erippetoe who wrote (63096)4/29/2025 2:09:17 PM
From: Olecranon  Read Replies (2) of 63288
 
I took a small position in ABEO when they got the CRL - hoping for an IMMU miracle. I added a little on dips. I was really looking forward to today. But after an anemic price surge overnight and the first minutes, of trading it’s now sunk below it’s Friday close. The volume is certainly impressive, but I sold this morning at breakeven. It’s hard to trust any biotech in this market, but especially one that shows no momentum on a successful PDUFA.
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