Most of my friends at other funds have already sold. As I mentioned previously this will probably retest lows. Not sure if catalysts will move now - may be dead money short term but don't think it breaks $7.50s. GL here as I have some retail funds still hanging on...Keep eye on INSM - think it is starting to breakout again.
Haven't posted here in a while. This Board looks like a real mess. Got out when it dropped under $8.50 and looking to buy back in. $7.50 probably if it holds. Long term this should do just fine. INSM doesn't look like a "break out" until it trades above $8.30. Nice try though!
If my analysis is correct, my chart says we can only drop about another $7.61.... From there we should at least hold. Don't take my word for it however - I bought in the double digits.. So I obviously misjudged this stock!!!
Well, I suppose since there's now only $7 under us, the downside is more limited than it was a few months back when there was $15 under us. If the downside continues to be reduced at the same rate I predict the total elimination of the downside within a year!