level 2 shows an exchange bid 17.50 ask 17.60
all at once another exchange show a bid 17.25 ask 17.26
first exchange bid ask disappears
then it repeats itself again and lower we go again
how can this happen without each others help
looks like the institutions would get tired of losing millions every morning
just maybe they are making millions every morning
Besides that, JULY has been horrible to Biotechs (like April). We never recover what we lose on RED days when it goes green. That also makes me wonder what the "rules" are. But, low volume usually is the opportunity for the MMs to steal shares at a lower PPS. This has nothing to do with Insmed's prospects. This is a programmatical haircut or new valuations.