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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 > I'm thinking of getting out
View:
Post by alexmed95 on Mar 31, 2021 1:58pm

I'm thinking of getting out

If after close, we don't have an update on DLBCL, they will have missed the only target they promised after changing last minute all their previous promised updates. I mean, i'm not even sure I'll be sad to see the stock price at 10$ after getting tf out. 

It's starting to become a matter of being respected, more than opportunity cost (which is fuc*ng massive). I feel they lie, and have no shame in changing their "targets" a months before.  

Getting out right when I breakeven is an idea that is becoming more and more sexy. 

anyway, 

GLTA
Comment by Hideaway on Mar 31, 2021 3:07pm
Alex, I totally understand your viewpoint.In the absence of some news by AM tomorrow,I may take similar action to divest myself from this frustrating investment. Could they possibly feel we would be satisfied with the update for DLBCL of March 17th? To show any kind of consideration for long suffering retail investors,they will have to issue the promised update.If not,I think the loss of ...more  
Comment by Biotech010 on Mar 31, 2021 4:06pm
i spoke with the company on this deadline. The answer I got was it was a matter of days. Getting the right people to sign in a big organization like Merck isn;t always easy :) So relax... news is coming!
Comment by Hideaway on Mar 31, 2021 5:04pm
Thanks Biotech.Hope that a matter of days doen't turn into weeks. However, based on the info they gave you,I'll hold on pending news,at least for a bit.Just wondering with whom you spoke,Fred or Pierre or a lesser minon.
Comment by qwerty22 on Mar 31, 2021 4:22pm
It is certainly not fun, it's definitely frustrating, but my own view is nothing much changes in the investment thesis if they fail to give an update tomorrow. But everybody has to right to judge these things in different ways. I am more tolerant of missed deadlines because I tend to think biotech is hard.
Comment by alexmed95 on Mar 31, 2021 5:16pm
Well my problem now isn't about missed deadlines per se, more about the fact that they project "lousy" managing skills, and we, shareholders, pay dearly for it. We could have put our hard earned money in many other places that would have at least doubled since 1-2 years.  My feeling is that management have very little respect for our support.  Might be wrong, I'm ...more  
Comment by Jthom376 on Mar 31, 2021 5:41pm
These missed deadlines affect everybody. Whether you're an institutional investor, or regular guy like myself, their inconsistency leaves a lasting impression. I'm here to stay but I would warn anyone who thinks about investing with them. And you have to know these institutions see it as well.