Yes Russell guys do this every year for a living - they know what they are doing and have hired mmakers to carry out their orders with specific timelines. Problem for them is that catalysts are coming up which could drive this share price up substantially. Thus, they can not anticipate when other funds buy more shares ahead of the data or any upcoming good news. The are most definitely shorting the shares short term to try and pick up as many at controlled prices. Problem is the available float is small and holders know what they are up to. As I said before- lets make them pay fair price....=)
I think what investors have to know is that these traders/shorts/market makers have the firepower to walk the price up or down when there is no impetus to buy or sell. They know what they are doing and have the financial capability. They also know the timelines on the Russell, and also know that Insmed will update the market mid year with their Phase 3 results, except they don't know the exact time. However, there may be a few that have an ear to the wall.
Most will get out in time. The uncertainty in their plan of attack is if Insmed puts out a positive PR earlier than they are
guessing. They have done a good job in walking the price down. They have an agenda, and they are betting they won't get caught with their pants down before any good news, and that they won't get caught. They can't hide their paper trails, which are their order tickets!!
Before Russ. IMO, and depends upon when the Big Boyz Light Da Candle. I think most of us here know the game being played. The weak and sellers are gone now just trying to trap day traders and snap up the day trader shares on moves like this morning. We'll see what happens when the 11 mill. plus hits INSM's account.