GREY:IMVIQ - Post by User
Post by
Hideawayon Aug 05, 2020 1:23pm
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Post# 31367788
Price Drop on Funding News
Price Drop on Funding News Can't think of another COVID stock that did not react positively to funding news.Is the reason because of the Canadian government backing Pfizer and Moderna hours after the Imv NR or the limited funding or some other reasons?Is Imv perceived to be too late to the game?
As I recall,Moderna was not as effective in elderly as younger cohort.Not sure about Pfizer.If Imv can get the phaseI completed by early fall with good results including the elderly group, we might still be OK. They also have to be quick of the mark to get additionl government cash for the start of phase2/3,assuming (and anticipating) successful phase1.
At any rate, it is a big disappointment to see our stock faultering game on relatively good news.