The whole trading of Insmed looks manipulated to me. How else would we explain the gain as Nasdaq went up in the 35 point (plus) and we followed with a $15.30 and then when Nasdaq plummeted, we followed accordingly. Been like this most of the last 30 trading days. Many other BIOs follow that same scenario and thus we have a "sea of red" in the BIO industry. Valuation (w/o revenue) means NOTHING currently. Today's action is a replay of yesterdays (so far).
Timing and luck are everything bro---just imagine how much less of a high we`re going to hit when we finally get our big news,because the stock is almost down 50% from it`s highs.We need to be back at 20 before the big news hits,then we`ll see the Piper target be reached. Otherwise we`re going to have great news with no great price appreciation due to our current share price and the sentiment currently happening in the Bio sector.I want to see 50 and I`m really tired of having bad timing and rotten luck,after 10 years I`m really tired.