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Biotech / Medical : IMNR - Immune Response

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To: Don Hurst who wrote (268)3/2/1998 8:22:00 PM
From: Manny Gugliuzza   of 1510
 
don, with all but 3 of the large institutional holders reporting from my stocksmart site and they hold roughly 729,000 shares, i suspect there are {were} a lot of stopsells just below 9.5. i thought there would be even more below 9 for a finishing stab down, or otherwise this is more of MM manipulative "adjustments". not to send it even lower.

it does seem strange because you would expect more of a sell off below 9 but the last firm trades were at 9 after the close.

i do not have that reduction in analysis coverage at my stock prosite.
if that was as of today, and they do update mondays i believe, that seems strange also that they would drop from strong buy.

i have no news either. but they can only play with this price so long so bring on the worse and then the best.

see ya, ar.
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