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


To: MJ who wrote (1056)9/21/1998 10:41:00 PM
From: ahhaha  Respond to of 1510
 
The accumulation phase over the last several weeks bodes well. The failure to drop with the market this morning was also telltale. The indexes are still in consolidation, but fundamentally strong issues are breaking above their down trends. This will bring in some strong short covering in them and in IMNR. This stock is usually run to the upside by shorts. Last week it was showing high sensitivity to marginal demand, and today showed no sensitivity to marginal supply. The generals could still break down and get us that "5th count", so if that occurs, it will be significant to see if the biased sensitivity remains. That would mean in the worst case holding 10 7/8 with a pronounced drop-off in volume. You need to see an expansion in volume to a minimum of 1M/day in order to continue to the upside. A short term upside objective would be 14.

It is also good to see that this thread is almost dead with only 20 replies in a month. You never hear from us old timers anymore. MJ, it's fun to read your enthusiasm and to see someone carrying on when the rest of us are in hiding.



To: MJ who wrote (1056)9/21/1998 10:43:00 PM
From: ahhaha  Read Replies (1) | Respond to of 1510
 
The accumulation phase over the last several weeks bodes well.
The failure to drop with the market this morning was also telltale.
The indexes are still in consolidation, but fundamentally strong
issues are breaking above their down trends. This will bring in
some strong short covering in them and in IMNR. This stock is
usually run to the upside by shorts. Last week it was showing
high sensitivity to marginal demand, and today showed no
sensitivity to marginal supply. The generals could still break down
and get us that "5th count", so if that occurs, it will be significant
to see if the biased sensitivity remains. That would mean in the
worst case holding 10 7/8 with a pronounced drop-off in volume.
You need to see an expansion in volume to a minimum of 1M/day
in order to continue to the upside. A short term upside objective
would be 14.

It is also good to see that this thread is almost dead with only 20
replies in a month. You never hear from us old timers anymore.
MJ, it's fun to read your enthusiasm and to see someone carrying
on when the rest of us are in hiding.