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Insmed Incorporated Message Board

  • jd39souza98 jd39souza98 May 8, 2014 5:36 PM Flag

    Some action today

    To see this kind of swing is very interesting. Lots of weak hands selling into a rally. Volume doesn't support any other supposition so lets see what happens tomorrow.

    Still think there will be some news around the corner. Also, I don't believe they had any conference call with the earnings earlier today (for some reason I thought the earnings were getting released before the open tomorrow not today).

    Sentiment: Strong Buy

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    • crazy trading action today. anybody know what it means???

    • Yep - the selling must have been by OTHER shareholders -

      too stupid to appreciate the implications for share price appreciation of the conversion to culture-negative in the NTM study, and the virtual guarantee of the first sales of Arikace in Europe next year

      and -

      too gullible to suspect that the price for which they are selling their shares is far below their fair value as a result of years of share price manipulation.

      With just four million shares in total still remaining in retail hands I keep thinking that after all this time only a small fraction of four million shares could still be in the hands of truly gormless retail holders.

      But the supply of shares from those "weak hands" never shows any sign of easing up :-)

13.25-0.12(-0.90%)Sep 16 4:00 PMEDT

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