IMV Inc IMVIF

RE:Stock Price

[QM45]

It has been forever since I commented on this forum.
I was at one point very heavily invested in this company. I divested most of my holdings post COVID vaccine fiasco, as the mngmt at the time lost all credibility in my eyes. 
Fast forward to today, the current valuation is absurd unless one believes this company is going into bankruptcy. 
I have taken a 1% stake in the company at current valuation as a punt against that possibility and a bet that the technology still has real value with a full understanding of loosing the entire investment. 

The current pop is probably other like minded investors betting on avoiding the above by partnering with someone. 
Since the pop originated on Nasdaq, most likely someone is front running insider info with a position. 
Given the very small float, purchasing 500K+ shares creates large moves in the stock price. 
Just my 2 cents...