GREY:IMVIF - Post by User
Comment by
europe10on Nov 20, 2019 9:49am
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Post# 30373333
RE:Thoughts on terrible price action?
RE:Thoughts on terrible price action?Alpha, no idea how "tax loss selling" effects a stock on Canada.
No conspiracy theory, simply bad execution on Nasdaq listing, horrible execution on financing. And more important plenty of companies, qouted and non-qouted, in the space. IMV is one out of hundreds testing. Hard to stick out!
Bio biotech must get involved. Will not happen until mono-therapie show efficacy. With a patient pool large enough.
Merck is in no rush.
Financing can happen any time but my guess is late 1st quarter, or beginning 2nd quarter.
So no rush to buy......