IMNR.OB/IMRP.OB...is no longer valid. It has changed to "OCHT.OB"

[setravis]

Nice volume and price action today.
I think more is on the way.

Technicals
MACD is Bullish......
Most Actives
Percentage Gainer

Last Price Quote is:
52.72%above 13-day EMA
39.77%above 50-day EMA
RS Rating: 3 

Fundamentals
Key Data:
Market Cap (M): $8.54 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Perform

[Terliso]

Currently 30.86%
just by looking @ the chart I see 0.17 cents tomorrow...i think so,.. only an opinion

Good call setravis, let's trade this one tomorrow (applaud)

Based on the closing from today's session looks like it will close above 0.17 tomorrow and that will be 16 trading days waiting period of 77.78% profit 
Let me applaud you again Setravis for the call


First chart: 01-30-06

[basonista]

Bought some yesterday in this ascending triangle it's forming.  No time to post a chart but will try to get a current one up later.

[setravis]

Here is a chart......


Technicals
Last Price Quote is:
12.43%above 13-day EMA
16.89%above 50-day EMA
RS Rating: 2 

Fundamentals
Key Data:
Market Cap (M): $9.60 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Perform

[TexShar]

They have HIV and MD block buster drugs in Phase II. One of their HIV drug will go to phase III soon. Tomorrow with BIIB's MS drug, IMNR is ready to go up HUGE!!!

Safe Trading! Good Luck!

[RJ]

Mr TexShar,

I have read the SEC filings since January of this year. One in particular gets my attention;

On February 9, 2006, we entered into and consummated a Securities Purchase Agreement with Qubit Holdings, LLC ("Qubit"). In exchange for $250,000 cash, we issued to Qubit a $250,000 promissory note, secured by substantially all of our assets, bearing interest at 8% per annum, maturing on January 1, 2008, and convertible into our common stock at $0.02 per share, plus 37,500,000 short-term warrants to purchase our common stock at $0.02 per share. In the Securities Purchase Agreement, Qubit also granted us the right to, until August 8, 2006, put to Qubit another $250,000 secured convertible note of like tenor and another 37,500,000 short-term warrants of like tenor, and to thereupon receive another $250,000 cash. We no longer have enough authorized but unissued shares of common stock to enable the conversion or exercise of the derivative securities issued or issuable to Qubit............



It appears that this company is running out of options/time/sanity. They do not appear to be in the business of shareholder value. I could be wrong, and would appreciate input/correction  from others. That said, your appearance here is suspect and I see no substance to your posting (the one and only to this point). It would appear that you are probably better off back in Yahoo world..........

[wrangler]

Watch what happens today. IMNR is in an ascending triangle and today's action might determine which way the stock price might be heading.
Goodluck trading

[billyboy]

Break-out!  MACD looks good.   Stochastic in buy zone.  Could be Huge

[elgator]

What do you think will happen now with 8 million financing?

[vic666]

there isn't any known news to support todays move, which I see as purely technical.

i u have profits, i would take them and move on.

the balance sheet is terrible, unlike some other penny stocks like SUWN or XSNX, PTSC, etc.

good luck.

[Av8trader]

So are you saying that this news will have little effect tomorrow?


CARLSBAD, Calif.--(BUSINESS WIRE)--March 7, 2006--The Immune Response Corporation (OTCBB:IMNR - News) announced today that it has completed a private placement of $8.0 million of secured notes which are convertible into 400,000,000 shares of common stock at $0.02 per share. The secured convertible notes accrue interest at 8% per year and mature on January 1, 2008. Investors also received warrants to purchase an aggregate of 1,200,000,000 shares of common stock at $0.02 per share which have the potential to generate an additional $24 million in gross proceeds. The first tranche of these warrants (600,000,000) expires the later of May 31, 2006, or 45 days following the registration of the shares underlying the warrants. The second tranche of these warrants (600,000,000) become exercisable 70 days after the expiration of the first tranche of the warrants and expire 45 days after they become exercisable. None of these derivative securities will be able to be converted into or exercised for common stock until the Company obtains stockholder approval to significantly increase its authorized number of shares of common stock.
"This offering puts us in a much stronger financial position, giving us immediate capital to pursue our business and clinical strategy," said Michael K. Green, Chief Operating Officer and Chief Financial Officer. "More importantly, the $24 million potential additional proceeds from the two tranches of warrant exercises during 2006 could provide us with long-term capital to complete important phase II clinical trials over the next two years."

Proceeds from the financing will be used to fund the Company's ongoing and planned clinical activities and for general corporate purposes. Spencer Trask Ventures, Inc., an affiliated entity of two of the Company's directors, served as the exclusive placement agent for the transaction.

[RJ]

Watch what happens today. IMNR is in an ascending triangle and today's action might determine which way the stock price might be heading.
Goodluck trading

Wrangler....I have a lot of respect for your comments...and I watched the action as best I could today....I know very little .. this site has taught me more in 6 months than many others in 6 years...so  I am at the point that I must read the filings and know quite a bit more now...not just totally technical ... especially pennies...this looks like a trap ...could be wrong... I hope all of you who are long make profits...this Company has nothing to offer but BS so far...if they prove other wise...I shall ask forgiveness from all of you that are much wiser than I....best to you

Elite............KEB MO'......"All I Need Is One Friend.........you are the man.......

[akclide]

Will pull back tommorrow may consolidate for a while at or around .02.I got out today at .0265
Had gotten in at .0145 few days back.

[vic666]

i think the news will have a negative effect to the stock tomorrow...the conversion price is a deep discount to today's closing price, and that does nothing to show mgmt's belief is the stock valuation of today.

and the company is trying to increase A/S (authorized shares) which ain't a good sign, especially considering the time frame they plan to make use of the capital generated by today's financing news - 2 yrs.

todau's news does nothing, IMO, to exude confidence in today's closing price and i believe this will take a hit tomorrow.

if anybody has opposing views, feel free to share. 

[billyboy]

I took my profits today.  +.079 from this a.m.  .  Technically this stock looks good but with all pennies you never know when the company will deliver a low blow.   Good luck