When the NASDAQ goes up (significantly) many BIOS don't move accordingly BUT when the NASDAQ goes down, many drop like there was bad news. INSM is part of that as are others. It is programmed and "contained" as we said yesterday. The question is will these suppressed stocks ever be released and stand on their own or will it take news? In the meantime, accumulation by bigger "people" than us are setting themselves up good. think about Deerfield (Flynn) he bought in a few weeks ago (added 1.9M) wonder how he feels? Or is Deerfield buying more?
News will move pps higher. Major news, much higher. Not much retail left here. Probably no more than 5-10% which will eventually be 2%. The funds will call the shots and this mb will become meaningless and extinct.
In the end , the only thing that matters is that Arikayse is used to treat NTM and CF and who knows what else. Whether it is Insmed or another pharma driving the process, we are looking at a multi billion dollar drug down the road. You are too focused on the here and now instead of the next 18-24 months. Soon, the funds will own all our shares.