% | $
Quotes you view appear here for quick access.

Insmed Incorporated Message Board

  • surestockholmes surestockholmes Jun 26, 2013 2:18 PM Flag

    Beginning To

    Look like FMR has completed their share trimming. Perhaps the shorts were anticipating more shares from FMR. Now what are they gonna do?????

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I suspect it's been overlooked by many here that the entity selling those shares is a relatively new owner.

      The two Beacon Bioventures subsidiaries involved used to managed by Fidelity Biosciences - but are now managed by Northern Neck, which itself appears to be owned by a group of FMR-related individuals.

      Perhaps an element of majority vote has now dictated taken some profits now just in case there's bad news. Perhaps there's a new fund manager who has different priorities. Perhaps there's now a Lewis-style trading plan in place.

      But one suspects the transfer and the selling are more than just coincidental.

    • Many of the bashers like to make a big deal of how an FMR sells off every so often. However, I believe many of the funds either have to or wish to balance their portfolios regardless of what the future holds. Shorts? I really hope we get the rare event where shorts are fried alive.

13.22+0.32(+2.48%)Aug 26 4:00 PMEDT