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Biotech / Medical : Immunomedics (IMMU) - moderated
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To: Olecranon who wrote (63136)6/18/2025 7:13:29 PM
From: Olecranon3 Recommendations

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erippetoe
jhcimmu
stockdoc77

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Well dammit, a week ago I was so secure that a SP of upper/mid 30’s was a solid bottom for SRPT. I’ve put my crystal ball in the garbage.

For better or worse, I’ve averaged down. The long term economics appear solid despite the recent setback, as others have ably described.

I’ve now got a larger position than I ever intended. In fact even my position after I averaged down when we were in the 30’s was larger than I ever intended. But I’m thankful that I’ve been keeping a lot of dry powder around for strategic purchases in a generally overpriced market.
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