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 Biotech / Medical : Immunomedics (IMMU) - moderated

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To: menwhowipeafterpp who wrote (15077)6/16/2011 4:55:57 AM
From: menwhowipeafterppRead Replies (1) of 20796
 
To clarify:

The Long/Short strategy used primarily by hedge funds is based firmly on fundamental analysis of individual stocks. It is not a random basket of stocks. This hypothesis assumes that an unprecedented bet is being made that IMMU is extremely overvalued, or at least FLAT DEAD in the water with no hope for resuscitation.

I'm not buying it.

en.wikipedia.org 

On a side note, 11 market makers? On this stock? That seems abnormally high.
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