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Biotech / Medical : Immunomedics (IMMU) - moderated

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To: luckydog88 who wrote (63231)8/15/2025 11:14:52 PM
From: stockdoc774 Recommendations  Read Replies (1) of 63276
 
Very disappointed to see Prasad brought back. The stock has bounced a bit but IMO still grossly oversold. They earned about 2 bucks/share last quarter alone. I see them earning 4-6 dollars over next 12 months. The stock should trade much higher, but I would be ecstatic if it just got to 50. I averaged down at 16 bucks. This roller coaster is even worse than IMMU.
The only concerning issue is whether we see any more pt deaths. They had 2 in the first 1100 patients treated, both in older non-ambulatory kids which they have now stopped treating. They have a new immunosuppressive protocol using sirolimus which supposedly has prevented liver inflammation in the patients that have gotten it, they need to get enough data to go back to FDA and amend the treatment protocol to get the AA for non ambulatory reinstated.
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