IBX - Imagion Biosystems

[barney]

Had a bo-peep at 20 cents for a few minutes. Still ticking away nicely at each level. Currently settled at 19 cents. Positive movement.

 

[barney]

Closed in Double-Top territory on the highs of the day on good Volume.

Normally you would expect an Inside day tomorrow, but closing on the high gives it hope of breaking higher.

 

[barney]

Things have taken a bad turn for IBX since late February.

Clinical trials to prove up their "breast cancer" technology were set down to start but it seems no one is interested in becoming the first guinea pig for the nano particle injections.

Nothing has changed regarding their belief in the effectiveness of the technology, but without clinical data to prove to the market it works, it is ground hog day for this little battler

Given the time elapsed since the preparation for the trials was announced, it looks a bit untidy for management

The market is currently judging them on their apparent lack of ability to get the job done.

Currently down from last post (Feb 17th) around 21-22 cents to hit a low of 9.4 cents today.

Life in the Bio business can be volatile. Punters are in no mood to sit around and wait it seems

Nothing has really changed other than the time required to achieve anything just got longer

I'm expecting management to pull their socks up and get something sorted so I bit the bullet and bought more

Could be foolish, could be famous, lol. Time will tell. Bottom draw for 6 months.

 

[Sean K]

Things have taken a bad turn for IBX since late February.

There doesn't seem to have been an ann to support this disaster. Quite bizaar. Pretty painful chart if you were a buy and holder. WTF's goin on?

 

[barney]

There doesn't seem to have been an ann to support this disaster. Quite bizaar. Pretty painful chart if you were a buy and holder.

At face value it looks a bit ordinary for the SP @kennas (Their Quarterly 4C had the details)

I'm fortunate that my initial BUY was just under 10 cents, so still only a little under water even after this current down spike

I still think this could be one of those situations where accumulating could prove very lucrative (time frame unknown)


My point of view at this stage:

I think the market has over reacted, but that doesn't mean it won't go lower of course

I personally bought more on the way down at 11 cents 9.8 cents and today at 8.8 cents


Until their technology is disproven, I will continue to accumulate. No guts no glory in the Spec space

Time can either reward or screw you up with Speccies of course



We are dealing with a Company that may have a definitive solution to saving millions of lives with early detection of Cancer

The Market is currently discounting that potential because the Company

Cannot find distressed Cancer patients who wish to participate in their Trials


Humans are basically selfish even when they are healthy and well.

If someone is suffering Cancer, you can't blame them for not wishing to get involved in a medical "trial"


Fundamentally, they still have about $13 million in the coffers. Very early days for this little battler in my view

ps If it gets back to 6 cents, there will be trucks lining up from Bathurst to Bourke, lol (in my opinion of course)

 

[Miner]

At face value it looks a bit ordinary for the SP @kennas (Their Quarterly 4C had the details)

I'm fortunate that my initial BUY was just under 10 cents, so still only a little under water even after this current down spike

I still think this could be one of those situations where accumulating could prove very lucrative (time frame unknown)


My point of view at this stage:

I think the market has over reacted, but that doesn't mean it won't go lower of course

I personally bought more on the way down at 11 cents 9.8 cents and today at 8.8 cents


Until their technology is disproven, I will continue to accumulate. No guts no glory in the Spec space

Time can either reward or screw you up with Speccies of course



We are dealing with a Company that may have a definitive solution to saving millions of lives with early detection of Cancer

The Market is currently discounting that potential because the Company

Cannot find distressed Cancer patients who wish to participate in their Trials


Humans are basically selfish even when they are healthy and well.

If someone is suffering Cancer, you can't blame them for not wishing to get involved in a medical "trial"


Fundamentally, they still have about $13 million in the coffers. Very early days for this little battler in my view

ps If it gets back to 6 cents, there will be trucks lining up from Bathurst to Bourke, lol (in my opinion of course)

Can they divert their research on Covid - some countries will offer plenty of distress cases to apply research.
Fortunately for us and unfortunately for cancer researchers, the recovery rate from cancer is much higher now.

 

[barney]

Can they divert their research on Covid - some countries will offer plenty of distress cases to apply research.
Fortunately for us and unfortunately for cancer researchers, the recovery rate from cancer is much higher now.

There was some suggestion around the traps that Management should have sourced participants for their "Trial" from some less privileged OS countries and offered some reasonable remuneration for their involvement.

As it stands, Management have been basically silent since the SP decimation which is also poor form

I still think it will eventually bounce once they get some trial participants, and likely bounce hard,

But I let all mine go a few days ago at 8.9 cents.

At this point in time, that was the correct decision, but the sniff of good news could see the cat jump high very quickly. Watching.

 

[barney]

Been a tough few months for this little battler. The share price looks like its starting to rise from it's slumber.

Recent announcement of additional sites for their clinical trials plus more patients have signed up.

(I hold a few )

 

[barney]

2 weeks later we've seen

A move on good Volume. Inside day/retrace. 2nd move and now second retrace to the 50% double bottom level

It should be ready to move one way or the other now

I managed to snag a few more this morning at 084 .... Up now please, lol

 

[greggles]

IBX has broken its more than four month downtrend after reporting an encouraging update regarding its first in-human HER2 Breast Cancer Study. The study group consisted of five patients.

No safety issues have been reported, all patients have tolerated the administration and dosage, and the imaging agent, as administered, is capable of reaching the lymph nodes.

So, the good news is... no bad news!

 

[barney]

So, the good news is... no bad news!

Not long home .... Welcome surprise. Still down on this overall but always happy to see a positive jump.

 

[barney]

IBX has been doing it tough in recent months, but they apparently are finding more test patients.

Recent price increase on low/modest Volume makes it hard to know if there is any substance to it, but any sniff of good news could make it jump quickly

Still holding a core amount.

 

[Faramir]

I am choosing <b>IBX</b> for October 2022 tipping comp.

I know nothing about this company. I don’t need to know, it’s only for a tipping comp. ?

Seriously, I hope that they find success in their MagSense HER2 breast cancer imaging agent.

 

[barney]

I know nothing about this company. I don’t need to know, it’s only for a tipping comp. ?

Been a tough old road for IBX. The covid lockdowns caused a lot of issues for them finding candidates for their trials. They are apparently getting back on track, but there may be some weary punters still suffering.

I held on to a few just in case they eventually prove their "science" and the share price goes up 400% overnight . Stranger things have happened in the bio arena.

 

[Faramir]

I am choosing IBX for December tipping comp.

Here is a chart. I have nothing else to add.

 

[frugal.rock]

Chart update.
No comment either.

 

[barney]

Chart update. No comment either.

I'll comment for you Rock.

Don't hold this anymore. Cost me way too much holding onto the dream, lol.

If the SP is above 0.016-017 in a weeks' time (with appropriate Volume) it might be worth another look?

Mondays Ann of the new CEO and todays Ann re completion of Phase 1 trials makes me suspicious a Cap Raise is on the way

The new CEO hasn't missed out on his lunch with his effective half a million salary.

Lots of promises and back slapping without a lot of substance for quite some time .... could be just sour grapes on my part though lol.

 

[Swervin Mervin]

I'll comment for you Rock.

Don't hold this anymore. Cost me way too much holding onto the dream, lol.

If the SP is above 0.016-017 in a weeks' time (with appropriate Volume) it might be worth another look?

Mondays Ann of the new CEO and todays Ann re completion of Phase 1 trials makes me suspicious a Cap Raise is on the way

The new CEO hasn't missed out on his lunch with his effective half a million salary.

Lots of promises and back slapping without a lot of substance for quite some time .... could be just sour grapes on my part though lol.

Yep had to much fomo last week so jumped in at 1.8c today. Hopefully some news shortly so the flippers of the shortfall can offload

 

[barney]

Yep had to much fomo last week so jumped in at 1.8c today. Hopefully some news shortly so the flippers of the shortfall can offload

Good luck Merv .... I'm still gun-shy after too much loss on this one, but the potential if it hits its "target" could be interesting!

I'm genuinely happy if you and anyone else make a few bob from IBX