Jul. 19 at 3:01 PM
$IBRX
In order for this stock to moon and stay mooned and not fading, the following needs to happen:
1) strong revenue that increases quarter over quarter and year over year.
2) control of expenses
3) no more dilution to cover expenses. Dilution to cover revenue generating expenses may be acceptable
4) Institutional investors that buy/bought on the cheap
5) after #1, 2 & 4 are complete, the institutional investors will drive the stock price higher by multiple folds and keeps it up for years
To be clear, retailer investors/traders can not drive the stock price higher and keep pushing it higher and keep it high. They may be able to squeeze it but it will eventually fade.
The next opportunity is the next ER.
