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


To: Emec who wrote (1013)8/4/1998 3:23:00 PM
From: billkirn  Read Replies (1) | Respond to of 1510
 
IMNR action fits a pattern these days. Stock gets visibility, news and potential is very positive. Stock rises as public buys into the speculation and excitement. BOOM! The shorts start buying. Stock drifts down to below where it began.
This behavior is particularly attractive for Biotechs since the time line from news to results is very long and many things can side track their ability to execute.
Probably could play this type of behavior and make some money. It really seems traders are jumping on these puppies.
Bill