GREY:IMVIQ - Post by User
Comment by
Hideawayon Sep 27, 2019 12:26pm
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Post# 30171161
RE:Real Value
RE:Real ValueCribbons, there may be real value in IMV but the action this past 8 trading days certainly does not do much to support such a supposition with our SP being down around 15% over that time.
I realize that junior biotecs are by nature volitile. However, it is a bit difficult to understand the downtrend IMV now with what is anticipated to be a positive update on Monday re the basket trial
at ESMO.Maybe the news will not be as upbeat as we had hoped for?The one thing in our favor is that the volumes are still relatively low and not indicative of any leaks prior to Monday.
Anyone else have some plausable explanations?
GLTA