As much as most of you don't want to hear me say this,,,the guy has been more right than wrong. We have
a tendency to go at him with a personal tone, and that isn't doing any of us any good. I see after hours that
INSM has announced a capital raise..80,000,000.00 dollars,,I haven't been able to ascertain the price per share
and I know I probably won't like it..but it does put the rest the cash needs for the company for the next couple
of years. It also tells me someone, (And Terry was probably right) like Cohen was behind the capital raise, and
we should take comfort in knowing they saw enough value in this company to put forth that kind of money.
I wouldn't be surprised to find there has already been discussions about selling the company. We seem to
find out about so much well after the fact. I for one will hoist a scotch to Terry for being correct, and to the
rest of you, I'll say,,stay the course..you're investment while being diluted,,has also just been vindicated.
Zake,, Please...... if anybody on the face of the earth really never had a single trade go against them they would never sit down to post on a message board again!! Anybody that follows Insmed knew that BTD had the potential for the FDA to allow a registration filing but it certainly wasn't guaranteed, just like everyone who follows Insmed knew that when the FDA required additional trials more funding may be necessary. He remains a pathetic wannabe that at one time was scorned by someone at the company......end of story
I beg to disagree. I know you're still short and have been trying to convince this board for days that you're in the know. It is in your best interest to convince the novices on this board (and there are many) to panic and sell at tomorrow's open. I was in the brokerage business for 23 years. When the announcement has been made, the allocations are already done. The spirited comeback towards today's close indicates to me that they've already placed all the stock. Please don't succumb to Terry's manipulation. This thing has probably already been priced and, if there were a gun to my head, I'd guess that the price is around $11.65. Please read all the news before you make a mistake. Terry is a manipulator.