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Biotech / Medical : IMNR - Immune Response

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To: poodle who wrote (1169)11/18/1998 8:57:00 AM
From: John S. Baker   of 1510
 
FWIW, as long-term thread participants know, I have a core holding of IMNR which is a long-term investment. And I supplement that with a trading stash, buying a small amount at a suitable low and selling at a suitable high, based primarily upon short-term trading (technical) indicators -- weeks or a few months.

With regard to my trading stash, the most recent buy was at $8, and IMNR flashed a technical sell Friday and confirmed it at close of trading two days ago (Monday) -- for a nice short-term profit.

Standard caveats: TA is useless for thinly-traded stocks; to each guru his own set of entrails; your mileage may vary.

JSb.
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