Immatics NV (IMTX): I've ruled out a "capital raise",imo...

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Re: Solarfuture post# 44

Monday, 09/12/2022 8:25:49 PM

Monday, September 12, 2022 8:25:49 PM

I've ruled out a "capital raise",imo, as they had over 300 million USD at June 30/22.

Institutional adjustments is a possibility, and it appeared that the sell off today was a continuation of the selloff that started last Friday afternoon.

Notice that Baker Bros. is still the #1 Institution holding, that is always a positive, imo.
https://www.nasdaq.com/market-activity/stocks/imtx/institutional-holdings

Short attack is always possible as well, Citadel was reported here at Marketbeat as shorting.

Scroll down to the bottom under Frequently Asked Questions for comments about Citadel.
https://www.marketbeat.com/stocks/NASDAQ/IMTX/short-interest/

Nasdaq short interest to August 31/22 still rising
https://www.nasdaq.com/market-activity/stocks/imtx/short-interest

Overall, these moves are all to common in biotech, impossible to predict, imo, and in this instance holding long term is the best strategy, imo, given the level of conviction i have in this company.