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Insmed Incorporated Message Board

  • jsblvbjb jsblvbjb Nov 25, 2013 3:09 PM Flag

    No supply at this level...

    It's very interesting that we touched 15.75 today, which I called several days ago as the break-out price. When INSM moves past 15.75, I think we'll see some volume, and then it's off to the races!
    pianoman

    Sentiment: Strong Buy

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    • lux19insm@rocketmail.com lux19insm Nov 25, 2013 3:38 PM Flag

      well lets look at this way - what's going to move insm higher - with such low volume any move higher doesn't really mean much - we have no news until 1st quarter of 2014 - so what's going to propel insm to new highs with the much higher volume? iPlex? I do vaguely remember the conference call when sharsky opened his mouth after the arikace merger and laid it all out......

    • They are still trying to churn the share price to break loose shares but we've gone from them posting 100,000 share block trades twice a day to 20,000 once a day. They've exhausted this price range and sellers who are taking profits before the end of the year. After the 1st of December the will elevate the range but will likely not be able to do anything but small pickups of shares until we break through to the $20 to $25 range.

      Sentiment: Buy

    • It's quite hilarious how the stock always moves down on a handful of shares whenever I claim there's no supply. Someone wasn't happy with their game plan getting revealed, I suppose...
      pianoman

      Sentiment: Strong Buy

 
INSM
17.09-0.42(-2.40%)12:54 PMEDT

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