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Insmed Incorporated Message Board

  • justarook04 justarook04 Jul 28, 2014 3:16 PM Flag

    Hindsight is bliss

    With respect to the last 4 weeks downturn, we all had a chance to sell at $20+ July 1-3. I thought about it but decided NEWS was imminent and never thought the market would cut the BIOs down again so severely. Did I see a 15% haircut? no way. So, I did not sell some of my 20K shares (which I would have eventually bought back under $18). But here we are in a "no news' BIO downturn with low volume and bleeding a little each day. Was not what I expected (again).

    Sentiment: Buy

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    • I don't know Rook, when I purchase a biotech stock, confident of dramatic longer term appreciation, I find it really difficult to move in and out for a couple of points. Personally, I purchased Insmed in 2009, and have added shares but have never sold and may never sell. I do trade other stocks.... frequently, but this is one that I have chosen to earn me rediculous longer term gains..... I know I could be wrong but recent events make me more confident than ever before that I'm right! Time will tell.... I understand that there is a poster here always is able to call the short term highs and lows, but I'm not able to do that. Bless him and his active imagination!!

    • terry-insm nailed it when it happened a month ago/ he put up the price just like he has 8 times this year ,all big profits.Many pay bucks for this kind of trading analysis,but here? idiot responses{they no nuthin).Welcome back!

      • 1 Reply to kinkey_boots
      • Did he nail the BTT designation in June? He just got lucky with stating there was going to be a drop at some point in time which is inevitable. That "assumed" that there would be NO news and the BIO market would turn ugly. Did he see a 15% correction? My point was selling some shares for gain and then buying them back cheaper. He shorts Insmed or say he does and wants it to always go lower. Put me back on ignore Kinkey!

        Sentiment: Buy

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