RE: Can we close above $1 on Monday ? Both US & Cdn market are not opened on Mon. Trading starts on Tues. I do not think that IMM would close above $1 without any PR. However, it is very possible that IMM could be trading at $0.90-$1.10 range by Fri.
With the news that criminal investigation would be launched at pump-and-dump organizations would in fact boost the credibility of IMM and not get IMM delisted as supposed by one investor.
Target of $5 by year end for IMM is attainable. Pending news for AZ & AIDS project would pose the most impact on IMM stock. Both drugs target at billions of dollars & once each clinical phase is launched, we could see new valuations of IMM stock.
Also IMM's health-website that should be launched within two months would add value to IMM thru two ways. One as a viable business & generate more revenues for IMM. The second is increase exposure of IMM in the internet.
Let's go & break the $1.00 barrier!