RE:RE:Price movementeurope10 wrote: My guess is a stock drifting down as traders have bought the stock in anticipation of good results.
Delivered. But who should buy now? Nasdaq is fine, BUT supporting brokers are needed and they only appear when they can do a financing. And why buy in front of a large funding?
I wrote earlier a drift down to the 5-6$ area over the coming months, but that might have been a bit too pessimistic. Patience is needed. Though in this special case, IMV appears to know how to move forward so they might have something up the sleeve
You might be right.
There are definitely lots of moving parts to the IMV story atm that should play out over the next year (and more).
Quick list : new NASDAQ listing, potential new analysts, potential new price targets, new financing, US investor events, trial data, new trials, more insight on MOA, further validation of tech. Maybe even more as yet unannounced partnership now we have the MOA confirmed with data.
How they all interact to impact the SP on different timescales is too difficult to predict for me. I'm long because I see the potent for a positive longterm outcome here with great rewards, there is obviously a lot of risk in getting there. So that means I see a long term upward trend. If your skill at predicting short term trends (and when they will end) is no better than a coin toss then with a background of an upward trend if your out of the stock your more likely going to miss upward movement than benefit from dips. If you're in the stock the opposite is true. I'm no better than a coin toss with these things, I prefer to stay in while I still like the long term story and take (as best I can) the short term drifts and hits. If you're better at the short term prediction game than me then good luck to you.