Russ,
Ah! You took the train joke before I could post! Rats! <GG>
A significant % of my portfolio is in IMMD, and I feel good about it. I suppose my ride has been a bit more painful that some others because I got in under $1 and watched it more than triple.....before it fell. DOH! I've been averaging down. (On a side note: I kept telling my boss to buy a little at $1, then at $2. Well, he waited till $3 to buy, and he still holds it! Luckily he's a good sport....<G>)
Back when I saw IMMD run from $1 to $3 so quickly, I set a medium-term goal of $8. This is not based on concret number-crunching, just my opinion of where a well-marketed pharmeceutical company could go if the product is for real. Although many negatives have pounded us down, all IMHO are reversible with the right news releases. ANY info related to settling the lawsuit, shipping shrimp orders, running of infomercial, etc. will pop us up. It's really just a waiting game at this point.
Good Luck to us all.
Jape |
