IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: John S. Baker who wrote (395)	5/8/1998 10:19:00 AM
From: Robert DeHaven	Read Replies (2) of 1510

Manny & John et all: Look at the MACD stats this stock is under serious accumulation....this should not to be taken lightly or traded for short term dips....trading like this is usually indicative of a huge institutional order (200,000+) I believe there may be multiple orders like that given the strength of the bids, OBV, MACD and just plain ole gut feeling....we are headed much higher. The option premiums also are indicative of a higher stock price. The recent private placement was done at a premium $14+ while the stock was at 12...the total $10 mill was potentially $20 mill but the company again doesn't want existing shareholders to be screwed or think they were screwed....When the stock price reaches $20+ the shareholders naturally will look back and will be asking boy did those guys get a sweet deal. This company is years ahead of companies highly touted recently like ENMD....The pro's know this and have begun to put up $$$.... We'll see.... once we break 14 3/4 most overhead resistance will be much lighter. good luck, bob

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