By another metric, Insmed has eroded value by 97.5% with the 1:4 and 1:10 RS actions when combined is 1:40...ouch. I still like Insmed a lot and think the future is bright for the first time in years. However, He has a point, if you bought at $4...taking profit now is not a bad idea. I think it will pull back. And, $216M of sunk costs with nothing to show for it....yada, yada, yada. I think the current CEO is the first one we've had that has a real business sense. Allan, nice guy, but not business savvy, Interim Sharoky...same as Allan and Whitten...who knows. Lewis seems like the guy we've needed for a while. I hope so...this has been a rough ride for a long time.
And, you cannot blame Motley Fool for giving that advice.