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Biotech / Medical : ImmunityBio converts from Immunomedics -- Ignore unavailable to you. Want to Upgrade?


To: galt who wrote (994)5/5/2025 1:08:36 PM
From: jargonweary1 Recommendation

Recommended By
erippetoe

  Read Replies (2) | Respond to of 1229
 
I am not adding more at this point because a) I already have too much and, b) I am concerned that the company does have, as you say, an approved drug for one cancer and promising indications for other cancers and yet the stock price is not reflecting the value of that. Why? There is no rush to snap up shares of this company at these depressed levels. Instead it drifts ever lower as some institutions exit and others are clearly uninterested. Why? Perhaps they are loathe to invest in a company with a wacky super majority owner and a seemingly incompetent CEO. Thankfully I can afford to hold on for now but I will not add more and may trim a little bit.