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Biotech / Medical : IMNR - Immune Response -- Ignore unavailable to you. Want to Upgrade?

To: Sly_ who wrote (534)	6/19/1998 6:20:00 PM
From: John S. Baker	Respond to of 1510

A "gap up" is where the opening price for a stock is higher than the closing price the previous trading day. Interpreted as -- there was so much buying pressure that people bid the price up before even trading could commence. As mentioned, this is generally considered to be a bullish indication. In the case of IMNR, the highest price it has traded at within the last year (52 preceding weeks) was 15 1/8 on June 12th. Breaking 52-week highs is considered bullish. And if the stock opens on Monday above 15 1/8, in other words instantaneously creating a new 52-week high, then that would be tremendously bullish. Hope this helps.