SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Immunomedics (IMMU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe Williamson who wrote (120)3/13/1997 7:08:00 AM
From: Joseph Lapsansky   of 371
 
Joe,
Margin calls definitely started the proceedings (I received one myself). After that, there is always a snowball effect as it breaks through support levels. I only know of 4 block trades yesterday-two of them were buys--but they could have been short covering. I agree with the post that we won't settle down until next week. Someone on AOL reported that Lehman Bros. have scheduled a meeting with investors and shareholders on March 24. IF this is true, maybe they were picking up shares.

This is all just speculation until the company starts earning real money or until they get a marketing partner who is willing to pay up-front royalties on Leukoscan.

Joe Lapsansky
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News