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Insmed Incorporated Message Board

  • viper18411 Jun 25, 2013 11:40 AM Flag

    scared people are selling because on friday

    a 10% holder sold around 150,000 shares,he still owns 1,500,000 shares

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    • FMR been selling every week for 3 weeks now. Form 4 reported on 6-6 , 6-13 and 6-21. They will probably report more for this week. I got a feeling they are the heavy shorter and selling shares to lower pps as they short at the same time to inflict max. pain. Will cover after they feel they have flushed as many retailers as they can. PPS manipulation you can bet on it. They still hold millions of shares.Surprised they would be cutting their profits by 2 bucks + per share. But will pick those dollars back up when they cover short position. They are making dollars both ways. Surprised the SEC has noticed the PPS manipulation by a major holder. But hey these guys got a Free Ticket To Ride.

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