Now over 3000 of the March 20 call options traded and right at their high for the day - If somebody said guess right or die I would probably say that the results will be out next week.
indicate that the probability of results coming out next week are growing. There are 2200 of the March 20 call options traded so far today. They are trading for a big premium and expire next Friday. I'm not positive, but I think this is the heaviest option activity there has been yet for INSM.
Pretty fascinating.... so many companies have beat on the bottom line and gotten punished because of their top line number. MEI blew through the top line, missed by only .01, reaffirmed guidance, and paid some nice 3rd qtr bonuses which would have let the company blow through the bottom line number..... and the stock is down by over 15%..... and they also increased their dividend!! It may be foolish to ever say that purchasing shares is a "no brainer" but in this case....
Blase,, "Sounding Smart to Terry is actually Ignorance in the real world." I don't know if that just came to you or what but GREAT observation!
Obviously the NTM data is a material event and Insmed will be required to file a form 8K. According to strict SEC regs this form must be filed within 4 days. I expect Insmed to report the data within 24 hours as "sitting om" Extreme Material Events would seem to strengthen the possibility of the data leaking - I don't think there is any chance at all that Lewis could sit on the news for long without his mood telling the story. The company may be excited to sit down and have a discussion with the FDA, but nobody at Insmed would be excited to sit down with the SEC!!
The March options are priced at less than half of what the April options are trading for. The market seems to be saying pretty clearly that the data release is expected to be after March 22. Many of the puts are purchased by those that believe in and are expecting good results, but want to have a defined loss if they are wrong. These put buyers believe that the upside on good results will be far greater than the premium that they are paying to purchase protection.
Why would anyone start a new topic with a lie. The first option month that is sure to be after results is April. The April 20 calls are over 4 with over 400 traded today and the April 15 puts are under 4 with few trading. Far more bets are being placed on good results.... Rotten2matoes aka terrythederangedclown probably doesn't even know what an option is
Also Doug, Dr. Josh Schimmer from Piper Jafray, the analyst that says that he is highly confident that a key opinion leader will be instrumental in getting arikayce approved and has a price target of 35, has been recommending GWPH with a price tatget of 97 since it was somewhere around 40 - many likely thought he was crazy.... they are changing their opinion...
The quotation system that I use has an O after that trade which means that the trade was reported "out of order" This stock is trading with incredible strength...
I know Doug, I really believe that this would be a really good, informative message board if it wasn't for....I, like you, always think "just once..." By the way I only own two bio's and the other one, OHRP got ripped by Cramers tool a few weeks ago and fell from 15 to 10, but closed at 17 Friday. Buying stocks after they get the wrath of Fstein is becoming a pretty good money making strategy
It is nearly crazy how suddenly this article that was published by The Street.Coms Adam Fuerstein - aka Cramers B,, is being posted again... It shows us how far Insmed has come, as they always had enough REAL issues that the deranged clown could use. If anybody needs a refresher sir Adam questioned the way Insmed presented there phase III data for CF. Lewis put the entire issue to rest on the company's next conference call with just eleven words - "We presented the data the way the FDA asked us to." However, the clown was correct in saying that the data did not show superiority. It didn't.... Until the results of the extension study were published recently! Posting old useless articles and commenting on just a piece as opposed to total data,,, yep Insmed has come a long, long way!
That's incredible fud,, makes me believe the D in your DHW might as well stand for deranged. Yesterday someone pointed out that he was posting back and fourth between clones and that is really deranged.... Lets see, a deranged clown... I bet Stephen King met Terry back in the 90'S
At least it closed a little higher than where it was trading early this a.m.,, and the INSM chart for today mirrors the Nasdaq Biotech Index chart. I really don't believe that this weeks downward move has anything at all to do with the NTM results due shortly....
This stock in just the last few months has gone from totally under the radar to starting to show up on some screens. It should be on many more screens next week after appearing on the NASDAQ most advanced list once again today - an overall down day for the NASDAQ and another scalping of nearly the whole NASDAQ biotech sector.....It was just a few weeks ago that Cramers tool had shareholders selling these shares nearly all the way down to 10. Just gotta love it!!
Checks,, whoops - I was thinking it was you,, either way sometimes it doesn't hurt to remember that many of these bio techs are trying to be successful and make shareholders rich, but are also addressing awful disease that is easy to forget that some really struggle with. NTM sounds just terrible... And I know that it is you that frequently has some really helpful search results.t
You are an idiot and you have gone to far.... Your comment - This poster fell for it, just made my blood boil a bit - The poster that you refer to is a highly intelligent, long time contributor to this board, that has been personally effected by CF and is surveying the market for reasons far more important than to make some money on a stock or to influence a message board. Go away you knat....go away... and take your podhaler with you
Fud, he is also having difficulty grasping the fact that thousands upon thousands of current podhaler users have already been chronically treated with tobramycin for years... anyone that converses with....himself, on a message board must suffer from not only remarkably low self esteem, but has to have some additional mental issues. We always joked that this clown never leaves his basement, but IMO it is more likely that he is confined to a psych ward somewhere.
No doubt that you are right about only one Fud,, and it took exactly 1 minute and 58 seconds after your post for him to put something entirely stupid on the board.. unbelievable