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Biotech / Medical : Immunomedics (IMMU) - moderated -- Ignore unavailable to you. Want to Upgrade?

To: erickerickson who wrote (62873)	10/28/2024 11:55:03 AM
From: erickerickson	Respond to of 63324

re: GLUE volume. On the useless factoid front.... Today will skew the ADV for quite some time. GLUE has already traded over 110x its average daily volume. You read that right, over one-hundred ten times it's usual vol of about 350K shares.... Although I'm not sure what Yahoo uses for the time-frame when computing ADV, not that it matters as this is a meaningless post ;)

To: erickerickson who wrote (62873)	10/31/2024 3:45:09 PM
From: Olecranon	Read Replies (1) \| Respond to of 63324

This news is really good. Still, I sold half my position at $10 on Monday afternoon. I may live to regret that (the price is currently consolidating around the new highs), but I don’t have a lot of faith in this market. And I’ve not been overly wedded to Monte Rosa. Maybe someone can tell me why I’m a fool for not buying more. My current thought is to consider adding to my position if MR eventually closes the gap up that occurred on Monday. That may be very unlikely given the quality of the IGN on Monday, but in this market it seems at least plausible. In the mean time it’s always nice to have more dry powder. My sale on Monday makes my current GLUE position free.