just for the record i have owned and sold 100s of thousands of shares of INSM...
my kids and 14 grand kids own this at 0.32 or $3.20, my friends and associates own
it from $7 to $17..... i have made huge
amounts over the last few years...on monday, i may sell shares i bought one year ago at $5.74
we are talking 250% or more. watch NVAX...best wishes
If he bought it at $.32 pre split and it is now $2.09 pre split and he has 100 thousand shares I would be proud too. That's a 653% gain You can't do that so I guess you have sour grapes. Way to go hhand.
That depends when you bought the stock.Those claiming to have bought below 5 dollars are also the ones who bought at 20.Many think 11.15 is the average price or retail which is coincidentally the value of Insmed when they bought arikace.This return is well below most bio-pharma returns of the last 5 years.The overall market is the biggest driver of this sector.Ask me why. Signed, a loser when biostocks were out of favor.
"still only 2.00 pre split. been dead money for years."
- only goes to demonstrate that Hand is a far more savvy investor than yourself.
You assume that everybody else does whatever you do - which in this case appears to have been nothing.
But where you saw only "dead money" others saw a bonus - and took advantage of the unexpected opportunity to buy loads more shares at bargain-basement prices, in a stock we could see was very likely to have a multi-billion dollar valuation within a few years.