Let's spice up a boring week.
Predict the price Insm at close pn Monday, July 1, the day that Russell funds must take a position in Insm,
Rules are simple.
Make your prediction by the end of day tomorrow, June 25th
If your prediction is within 50 cents of the close on Monday you get the Expert Investor Award, This comes with speaking engagements, and book endorsements. And, cred for at least a day on the MB
If your prediction is within one dollar, you get the Good Guess Award. With this award comes a 2nd place trophy, and a Wanna Be investor button.
If your predictions is within two dollars you get the Busted Award. Access to your investment funds is reduced to a max of $100, you should not be investing in the stock market!
Deep explanation of your prediction gets you the Manure Award!
All bets are off if CF PIII data comes out before Monday - this is your prediction of the Russell effect come Monday
I predict Insmed will close at 12,43 on Monday, June 25th.
Sooooo many experts here, don't be shy now!
Predictions so far for the "Russell Inclusion" close on Monday, July 1
insmhistorian 12.07 / 18.00
Someone must have a break out prediction???? .
Windy, Russell funds started buying yesterday, hence the firm action amid a market sell-off. They have to be finished by Friday afternoon at or just after market close. The last time this deadline came without the shares being prenegotiated was when MMD results disappointed. The funds had to pay a 15% premium to the close that Friday. 1.15 per share is what I recall. This time, barring a phase 3 release, I'm predicting double that return.
Sentiment: Strong Buy
"Deep explanation of your prediction gets you the Manure Award! " - Now who could you be referring to here?
I vote that any accurate guess is pure luck because:
I think that the Russell is a relative non-event in the PPS, and that the global financial markets are so incredibly hosed that charts and historical patterns no longer work. If Abe gets a cold and Bibi sounds grumpier than usual, then traders the world over do a Chinese Fire Drill.
I'll wait for the PhIII news.
I'll bite. We're in a descending channel, with a magnet at 11.11, a target from an intraday head-and-shoulders pattern with the head at 14.30. If we're going to hit 11.11, it would occur at the bottom of the channel on 6/26 in the afternoon, which is also close to the projected 50 day moving average. From there, we bounce back to the top of the channel by the close on 7/1 in anticipation of pIII results, which is 12.82.
I will pick 13, since there are always some games played with insm, i predict that there will be some shady deal to provide the shares like last time we didnt move much when we went into the Russel. But i and everyone else is always wrong so who knows.