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Insmed Incorporated Message Board

  • justarook04 justarook04 May 9, 2014 9:50 AM Flag

    Trading manipulation of INSM

    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).

    Sentiment: Buy

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    • 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.

      Sentiment: Strong Buy

17.09-0.34(-1.95%)2:35 PMEDT