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Biotech / Medical : IMNR - Immune Response

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To: poodle who wrote (1200)12/5/1998 12:55:00 AM
From: ahhaha  Read Replies (1) of 1510
 
FWIW category - I don't like it. It wasn't the CFO news that is so nagging, but that news may be covering something else.

On Monday 11/23 the stock was extremely sensitive to marginal selling. Not in any day of the sell-off from the 19 peak have the bids below been so few and pulled, and on a strong market day, perhaps the top of this bear market rally. I was away from the every day data last week, but on getting current, I noticed things I didn't like. You can't make rational decisions based on such superficial criteria, but there's something I don't like fundamentally developing here hidden in the chatter of stock price dynamic and I can't put my finger on it.

As a long term investor in IMNR I've never doubted that the company would succeed. Most likely you guys are right and there's nothing but positive developments coming. I constantly preach on SI to "never sell", and this is probably a good example of the validity of that. Nonetheless, I sold every last share out of the fund I run today. I got spooked by my own invented fears.
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