Wednesday, March 3, 2021

IMVT stock: 51 shares | $2/ share loss in less than a week | $16/ share -> $14/ share

Yahoo -> finance conversation

 The good news is that majority share holders are institutions. In fact insiders + institutions hold in excess of 100% float -- which means there a a good % of shares short. The short squeeze when it starts will be sweet -- meantime buy the shares shorts are making available on sale.

BTW, for now, their drug is used on 3 indications (TED/MG/WAHA) and they plan to announce its use in 3 new indications starting 3rd quarter 2021. Right now LDL increase is indicated only for TED -- and it is because thyroid and LDL are inter tied. You control thyroid and LDL increase occurs. Once they have more data, they will come out with a treatment regime which caters to the LDL side effects...

Reddit - IMVT

Here is the link. 

very optimistic, this is going one way up.. almost 30 day now FDA will respond with release to proceed the trial. If there were concern FDA could have request more ino..

Read other article say LDL rise is prevalent in all thyroid eye. stock has 8 buy and 1 hold.





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