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Insmed Incorporated Message Board

  • fudfighter4 fudfighter4 May 28, 2013 8:36 AM Flag

    Any selling a.m. will only be desperate Shorts

    Seriously guys - if YOU understand that Friday's Shelf Registration was just a 'top up' of the Shelf Registration filed in Q2 last year (and not tapped until the following October) - how many investors do you imagine there realistically CAN be who have been sufficiently perceptive to choose INSM in the first place from the hundreds of other small biotechs, yet lack the intelligence necessary to understand the difference between a Shelf Registration and a Share Offer?

    I suspect our resident Shorts were unprepared for the analyst upgrades last week - and are now trapped between buying pressure from new retail investors, and approaching (and substantial) buying pressure from agents acting on behalf of the funds which track the Russell 3000.

    I'm sure the interested retail buyers will appreciate it if the Shorts sell a few cheap shares at the Open in the hope of promoting uncertainty - but for my money the Shorts are now bluffing on a weak hand.

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