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Insmed Incorporated Message Board

  • mike75x5 mike75x5 Jan 28, 2014 10:57 AM Flag


    a swing of $1.00 already today. this is volitile. what causes such sharp swings?

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    • Accumulation coupled with short covering and index movements. This is a low volume stock. Any major short covering and the price spikes. Any major institutional buying/selling and the price spikes one way or the other. For three days they took out the stops. Today they buy at the open and take out any sell orders - then short it back down again. Computers dueling with computers. Ban high speed trading and all of this goes away. Put the original uptick rule and a lot of this goes away. Stick a $.01 per share transaction fee on every share and it all stops almost immediately.

      Sentiment: Buy

    • Hmmmm.....perhaps the share price going up and down....OR......down and up?? LOL.....sorry, I couldn't resist. I certainly don't case you couldn't tell by the first half of my answer.


11.34May 23 4:00 PMEDT