To be honest, I'm not that surprised that the volume is low currently. Really, nothing has changed after Monday's news. Out of the longs, who out there didn't know that marketing approval wasn't already a sure thing? We were all at least 98% sure we were getting marketing approval. We knew the manufacturing plant is legit. We knew Nigeria WANTS to get this deal done and start saving some lives already. The marketing approval felt like a given to me.
Same thing happened this year with me and BAC (Bank of America). I bought some extra BAC right before the recent Fed decision to raise interest rates. I figured, CNBC says there's a 95% chance the Fed will raise rates on March 15th. When feds raise rates, bank stocks go up. So why not buy some extra BAC right before March 15th (before the Fed makes the official decision)?
So what happened? Feds raise interest rates. Bank stocks IMMEDIATELY go down. Why? Well, everybody around "knew" rates were going up, or at least they knew with 95% confidence. So everybody already bought their shares. Nobody new would be buying shares after the news since it was already 95%. After the news came out, people waiting to "sell on the news" had to sell, and PPS had to drop.
The thing with IMUN's news on Monday, nothing really changed at all. Us longs already knew IMUN would get the marketing approval. The haters and disbelievers are STILL disbelievers, so nobody new is buying the stock YET.
To see a big volume spike, IMUN has to publish something that turns the disbelievers into believers. Monday's news wasn't it. The disbelievers need to see PROOF of a revenue stream, and they have not seen this yet.
I think when we see contracts, you would THINK that would turn the disbelievers into believers. Noreen did say that initial contracts are expected to be out shortly. So we could still see a big price movement when those contracts hit. I myself could not imagine any way that we don't see contracts very soon.
But who knows?? Maybe even contracts aren't good enough for the disbelievers, or maybe PPS will only go up a little bit when contracts are published. Maybe the disbelievers are waiting for physical revenues confirmed on q-10's and 10-k's. If so, we just gotta wait longer. The thing is, the revenues are expected to grow quarter by quarter, and countries will be added as time goes by as well, so the best play is to just keep holding anyway, as the PPS will likely just keep ascending (if they don't get bought out first). I'm still long and strong.
