IMV Inc IMVIF

RE:RE:RE:RE:RE:Any thoughts on the past week’s trading?

[alphaseeking001]

Thanks for the reply Europe.  Hoping we get truly solidly good news soon.  Like you, I got caught up a bit too much in IMV years ago.  I do feel their oncology program seems to be proving itself up nicely finally.  They need to deliver on the business side now.  Hoping to see a financial arrangement with Merck going forward with DLBCL... but who knows.  Fingers crossed.  Anything else would be a major bonus... either on the basket trial front or Covid (although I've personally discounted the Covid work)

Cheers

Tim

europe10 wrote: When looking at the price/volume action the last week's, it does very much look like a (or several) larger buyers have accumulated shares. The last day's move down might simply be that they have finished buying. A small worry is that the buyer(s?) have met some volume.
We are all anticipating big news during 1st quarter. If they are good, history tells us it might not be enough to lift the stock price. 
There are of course still some holders around that got involved on COVID "news". I guess they are constant sellers.
I make money in the markets from technicals, experience and gut feeling. Works well, but got carried away with IMV a few years back and forgot technicals then......
Technically the picture is neutral. Good support levels but also heavy resistances if moving up.
My gut feeling is positive
My experience with this stock is not so positive, even if I was lucky to sell a good part of my position on the crazy COVID run.
Waiting for news, and waiting.....