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Insmed Incorporated Message Board

  • reggieflautino reggieflautino Jul 22, 2013 5:35 PM Flag

    Well, it looks like we retreat to $10.80 or maybe a buck or $1.50 lower, temporarily. I am not too concerned

    Eventually the market will work today's news and it all will work out and the fundamentals will take it higher. The news is a temporary setback short term but long term, good for shareholders. Daytraders will want out. But who needs them anyway?

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    • Fundamentals have never taken the price of any stock higher.

      If the demand from investors buying because the fundamentals suggest the stock is undervalued outweighs the supply, the price will increase. But the lack of a single response to the question I posted earlier suggests nobody here is expecting that to be the case any time soon.

      • 1 Reply to fudfighter4
      • Well, I tend to agree with you that there will a drop soon and this is why I foresee a move downward. Any dilution weakens the stock and with nothing new on the horizon, the pps is almost assured to go to $10.80 and linger. There could be a downward move from there by a buck or two at most but I am fully confident that new investors like myself will fill that gap quickly enough and recognize the same potential of those that bought the diluted shares. All seems well for now. No reason to panic.

13.705-0.055(-0.40%)2:18 PMEDT