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 Biotech / Medical : Immunomedics (IMMU) - moderated

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To: idahoranch1 who wrote (18012)5/2/2012 4:44:38 PM
From: watchmymovementRead Replies (3) of 20666
 
I sure hope you are correct. I just don't understand why someone would buy enough to bring it up to 4, then watch as the shorts bring it back down to the 3.50 area. Why didn't other buyers follow through. Certainly all those in the buying group did so based on the sudden uptick. Now they're all out the money they spent creating the situation unless they hold until it gets back to 4. Something wrong with this picture.

I know a lot of the more knowledgeable investors on this board wish I would stop posting, but moves like the above are difficult for me to understand. What did it gain the investors to move it up. Someone please give me an understandable reasoning.
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