Aug. 27 at 3:12 AM
$IOVA Dear everyone…
We really need good news to overcome the ATM news. Dilution news is never good for any stock, especially biotech.
Tech stocks like
$INTC $NVDA they do dilute too but shares even up after the news, for example,
$INTC and SoftBank
$2B equity investment.
We are still in the accumulation channel, between
$1.80 to
$2.50 range. When market deteriorates people will sell risky assets like biotech first. Good stocks will be the last to fall.
If you want to buy more
$IOVA shares, buy at lower end of the accumulation channels, lower end = near
$1.80, higher end = near
$2.50.