IMV Inc IMVIF

hey QM...

[antigua1987]

...are you buying, selling, holding this last 2 weeks?

[QM45]

LOL, at the moment doing nothing. I've accumulated my position a while back. I have about 100K in options expiring in March which I sold at massive premium so some are priced at mid 2US if I get the stock, mind you we are getting pretty close...  In any case, you can always buy more, but if IMV does what I expect it to do in the next year or so I will still make a fortune while feeling

[alphaseeking001]

Thanks for your thoughts as always QM45.  Like you, I am back in IMV for the tech but will be accumulating a bit more on weakness.  After breaking $3 USD, where do you and others see the next support level?  Others have it between 3.20 and 3.60 CAD.  Just holding fire to see how low it drops first and would appreciate any technical thoughts here.  All the best to everyone

[RockLobster1]

I just added in the 3.60s cad... if it drops more i will try for 3.20s... But i probably have anough for 2021 now :) good luck

[QM45]

Markets don't work that way Alpha, you can't just pick a bottom, no one can consistently and you as a retailer have about as good of a shot as throwing a dart in darkness.  Having said that as per my previous post we are oversold on all charts. That condition can persist as the stock moves lower, but how long can you strech an elastic? In my experience not that long unless something

[alphaseeking001]

Very helpful and inciteful advice QM.  I agree on all points.  Thanks very much.  Everyone have a good holiday!