GREY:IMVIQ - Post by User
Comment by
QM45on Jan 02, 2020 12:40pm
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Post# 30511437
RE:Let's hope!
RE:Let's hope!I have written about ONC here on the board many times as a parallel for IMV.
I have been in and out of ONC many times, always liked the technology, never cared for their capital structure and lack of mngmt skin in the game.
ONC got taken to the wood shed over the last few years, which I pointed out at the time as a possible template for IMV.
Sure enough the pattern played out with IMV bottoming out at $3 recently.
The same way ONC should have never traded at $60M market cap, IMV should have never traded down to $150M.
The upside is if ONC can hit 5x share price in a few days, IMV has ALL THE REASONS TO DO THE SAME!!!
If the pattern holds on the WAY DOWN between these very similar small CND Bio's, then the pattern should hold on the WAY UP as well. NO NEED TO HOPE, just pure probability.
I expect IMV to pop it the same way within the next 2-3 months.