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Biotech / Medical : IMNR - Immune Response

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To: Captain Jack who wrote (1204)12/8/1998 7:29:00 AM
From: John S. Baker  Read Replies (1) of 1510
 
I'm not knocking IMNR, John, but would point out that the increase you cite was probably a return to normalcy after last Friday's anomalous trading pattern. As of close yesterday, stock is at roughly the same price it was a week ago, and the "double volume" is less than the volume Friday which took the stock for a (blessedly brief) plunge.

My opinion is that somebody gave us a tremendous buying opportunity on Friday (and early yesterday) to pick up some more shares at a discount. Why'd he do that? I dunno.

JSb. (Voluntary disclosure: long on IMNR for quite a while, now).
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