IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: John S. Baker who wrote (418)	5/28/1998 1:30:00 PM
From: Manny Gugliuzza	Read Replies (1) of 1510

yes even with the OBV and money flow some what stable when you sweep the volume out from under this issue it lands on its rear and this was particularly fast this time. although the fast 10k and slow 4d stochastic did show a short term crossing yesterday this has not been confirmed by the 15-1-5-5 or 13-5-7-7 yet, but may account for the strength today. what i find interesting also is the depletion of analyst coverage while the stock bases and climbs then a return of another strong buy after the retreat. PLUS this is in light of a recent downward revised earnings for FY 99 by about 200%. it has gone from +.50 cents to -.42 cents this is what i think scared short term traders as well as stopping the large volume flow that helped this recent run up. i suppose we could get surprised here and as this struggle with its 50 MA continues maybe the single digits are finished, if we can close above this level. ar.

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