RE:price
IMB: great question. Here, like sometimes in life, I am stunned by the reaction of the stock. But, I guess we all need a little pull back to after a while, see the light. Could it be a candle just going up after a great run, and after all those good news. It seems like the market is asking now those questions:
1. are those sells of TROGARZO are continuing as mentioned in the first weeks ? And are rumors in China will implement ?;
2. will TH, sooner than later, see some green on the sheets (positive EPS); the indication will come with the second quarter earnings;
3. will TANGUAY do what he said he would with ACQUISITION of a new drug to improve the company and earnings ? When ?;
Those answers will be clarified in the next few months (My guess: a little in july, and lots more before october).
I was wrong: I though the stock would move to 15-16$ this summer. The reality is showing us that the market is waiting for answers before giving another 30-40% to the stock; some will leave the boat, some by lack of patience will miss the next drive to the sky that will come.
AND it will be coming.
FTV.