Savvy Trades and Investments

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Singers have a very checkered history with EVOL, SEAC, etc. They make out great...shareholders not so much. Seemed to be doing better with IMMR. But then this BNED deal. Maybe they'll bring them back from the brink of bankruptcy, but why throw a bunch of money at this troubled company. And now they're going to recognize BNED losses in their own financials? I don't get it.

IMMR has fallen back 10% from the opening high. It could go either way at this point, but not one I feel comfortable holding. Good luck to those remaining!