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Insmed Incorporated Message Board

  • lux19insm Jul 15, 2013 5:52 PM Flag

    Something fishy going on

    When does the offering take place and at what price? What I'd we had some pr that propelled the stock price tomorrow and the shorts we're screwed. At much higher prices I'm fine with this offering but not when we're sitting at this price and have $80 million in the bank

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    • Lets see, 150 million total to be in the bank soon. Unknowns of dilution resolved. PIII results known and good. QIDP in the bag. All warrants exercised already. Offering priced at 10.81. Any reason for instis to manipulate down now gone with the pricing set. That is a lot of good news already today. What more do you want? We should see that short squeeze tomorrow that you are hoping for. I am predicting a closing pps of around 15.00

      Sentiment: Strong Buy

9.05-0.55(-5.73%)Jun 27 4:00 PMEDT