GREY:IMVIF - Post by User
Post by
antigua1987on May 26, 2021 6:11pm
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Post# 33272692
my kid took one look at the SP graph ...
my kid took one look at the SP graph ...and said he hoped we didn't own any of that! da brat. IPO in late 2009 @ .75.
then accounting for reverse split in 2019 at 3.2:1, IPO's equivalent is $2.40.
today's close 2.69. after 11 yrs.
we know it's biotech, we know the tradsers, directors and other vulture's gotta feed from this game. but still, these guys can't find an institutional partner to pick up shares at 2.69!! what have the conversations been? where is the RELATIONSHIP building? Do institutions not see heavy de-risking at 2.69? has not imv produced just enough to win bay/wall st support?
other than that, things look good.