What has changed with IMMU the company in the last few days that sent its stock breaking out to new yearly highs of $7 + all the way down to barely $5 .....????? Nothing is the ANSWER....Think about it and BUY....BUY....BUY!!!!!!!!!!!
in addition, termination of the agreement with Takeda Pharmaceutical Company could have negative impact on future product dev. I have a feeling, this termination news was leaked and insider channels were selling for the past few days ? somehow it was up .12 AH with 6.5K volume. How could this news positive ? anyone ?
Initially I thought the reason for the collapse may have been concerns as to why IMMU had just previously annunced switching accounting firms from Ernst & Young ro KGMP. Upon checking, I noted in 2002, Ernst & Young had actually replaced KGMP. Interesting,.. IMMU's new CFO, began his accounting career with Ernst & Young.who was replaced.
I also observed KGMP is headquarted in Brussels Belgium where IMMU'S partner USB is also headquarted, Possibly some synergy there. Considering the above, I was less concerned. Added more today at $5.31.