1- 50% gain in 2 days (should pull back 25% of the gains atleast)
2 - Hasn't broken 19.50 high
3.- Bio Stock companies do this all the time most end up giving back all their gains before they take off again
4- Technically this is a large risk reward
5- They need money to move forward to cover cost of stage 3, R&D, marketing production, packaging, how much of their company are they willing to give up to get what they need?
6- Even with the presentation, good news, it has consolidated.
Think about it people what is the CEO going to get up there and say were 5 or 7 years away, and that's a long time to wait to get paid!
PorkChop has laid out a cogent, well thought out trade plan. So many others on this board have Hope as their trade plan.... talk of $100 buyouts, $50,000 treatment regimens... All the news on INSM has been out there, scan Yahoo headlines for INSM, when the stock was at $13
Amazing Terry, In one hour and 15 minutes your sentiment went from "Hold" to Sell". Why don't you just use your one ID, and quit playing games. We all know you are negative on Insmed because you are not a "professional trader" Just a FOS message board poster who doesn't know what facts are.