I was speaking with underdogs earlier today, and my idea was a "perfectly" wrapped gift for the shorts on an inconspicuous Wednesday morning would be an SEC filing with no headline that posts to the business news on Yahoo! and Marketwatch. Every short in the world was licking their chops when they clicked the link, and then they lost their previous evening's dinner! #$%$...
Sentiment: Strong Buy
BWD, I think Piper Jaffray (and maybe JMP Securities who Insmed met with earlier this month) have a part in what is next - either a partnership with a big Pharma or a buyout of $2.5B or higher. They have yet to fill their OPEN positions (based on their website) and the CMO has not been named.