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Bullboard - Stock Discussion Forum IMV Inc IMVIF

IMV Inc. is a Canada-based company. The Company has no business operations.

GREY:IMVIF - Post Discussion

IMV Inc > Quiet Board and Silent Management
View:
Post by Hideaway on Aug 24, 2020 9:57am

Quiet Board and Silent Management

When will they release their data on studies to a reputable journal?Seems well overdue.
More importantly, will they get approval to proceed with Phase1 trials for vaccine this week?If we get into September before getting started, we are not likely to have results this year as expected.
Comments appreciated.
Comment by europe10 on Aug 24, 2020 10:36am
The stock price development tells us we are likely not close to  the "studies in a reputable journal" or the start of Phase 1 trials. On the other hand, unless IMV has run into problems trials ought to start any day. Can IMV grab attentiion in the space? Management has not shown that ability or interest earlier. Also, cash is a restriction, lack of governmental connections etc.  ...more  
Comment by DaveInvestor59 on Aug 24, 2020 11:53am
It's been an annoyng stock for sure. I bought this stock at $8.00 and it's done nothing much but go down ever since. It's been a bad investment so far, and other investors don't seem to have much interest in it. Management rarely releases any updates on their research so that doesn't help either. I can't think of any reason to keep losing my money at this point.
Comment by EndZonefor7 on Aug 24, 2020 11:59am
This is BS. They clearly have not been able to meet any timelines or instil confidence to the brokers that they will soon. The IR has been a joke as well and beginning to feel any news will be met with zero market enthusiasm. Hope I'm proved wrong. 
Comment by DaveInvestor59 on Aug 24, 2020 12:04pm
The stock has gone down by a huge percentage today with heavy trading. Clearly investors seem to be dumping their stock today.
Comment by Hideaway on Aug 24, 2020 12:33pm
Agree that we may not see a lot of price action with the start announcement but later start dates also will delay results from phase 1. If results meet expectations then we should see a nice reaction. The dismal stock price today does not bode well for the future and delaying the publication of the animal trials is not helping.What the h... is wrong with management.Get the lead out.
Comment by DaveInvestor59 on Aug 24, 2020 12:46pm
I agree with you about management. They certainly do nothing to attract new investors, or instill a feeling of confidence for current investors. They are the problem. If they want to attract investors they should be releasing updates more often in this very competitive vaccine environment. I've lost 30% of my investment so far in just one month, which is unacceptable.
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