The market is showing disinterest and disbelief IMO
Not what I wanted to see but we dropped $1.29 (as of this post) since we were around $19.45 earlier. YES the Nasdaq wandering has not helped but when Insmed allows uncertainty to fester, we pay. So, tonight or tomorrow am is fine but rest assured a later PR and the PPS could be in the $16's by then. My point is, no matter how GREAT our PR could be, the market will cast doubt on anything it can because it gets disappointed. This is not a bash post just a very concerned investor. I really HOPE I am way wrong and we close on fire!!!!!! (in a good way).
Volatility to accompany a pivotal clinical report should be expected. End of the quarter usually means EOQ when Lewis promises. A PR next Monday wouldn't hurt anything and would fit Insmed's usual delivery.
Pianoman, volatility is expected, deliberate suppression and pushing down the PPS is saying something else. We will be fine if the PR smacks all the naysayers down. We should have never did the EOY and 1st QTR PR that early in the month. We now have a 3 week gap and a 6+ week quiet period. The market gets restless. These are just "experienced" observations. I do not wish for anything but what we all (longs) believe here.