GREY:IMVIF - Post by User
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Hideawayon Jun 21, 2018 10:26am
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Post# 28205070
RE:RE:RE:hmmm
RE:RE:RE:hmmmThe selling pressure continues this AM on very low volume. Is some entity trying to take us to a point where they can try a buyouy? However, such a senerio makes little sense considering some of the majors currently in our pipeline who see the potential for our product and any offers could initiate a bidding war.
Quite confusing and no end in sight for the short term if I'm interperating Georgeous' comments re the technicals correctly.
The current shareprice would make it difficult to do a US financing so we are unlikely to see action on this front umtil the price increases.
The Company can probably not do a lot to stem the selling but considering the significance of the drop,a release from them might help instill some confidence. I suspect we are soon to hear some news re the basket trials and hopefully a preliminary positive report from the Merck studies. At any rate my shares are not for sale and I will add a few if it goes much lower.The fact that insiders have bought at higher levels recently is always encouraging as well.
GLTA