They say you can make statistics say about anything, so I'll post a few that interest me.:
---Insmed was DOWN a little less than 2% today
---Insmed is UP approximately 40% YTD
---Insmed is UP approximately 340% since the 1-10 reverse split on March 3, 2011
Have a nice weekend.......8-)
......as of 12/31/14 owns 7,449,749 shares of Insmed stock. Why is this important to me? Because it makes me feel warm, fuzzy, and cuddly all over.
It has been stated by some here that some institutions are in charge of any buyout scenarios that Insmed will be forced to capitulate to......that these institutions will be happy to sell their stake at $40. Perhaps the underachievers here might.....but I don't think Fidelity is among them.....and they are the number one Institutional holder.
And, why you might ask, do I feel this way? Peter Lynch. If you don't know who Peter Lynch is, this is a great time to do your dd.
Below are some Peter Lynch quotes I found reassuring while trying to put words to my thoughts on why not every Institution will be anxious to sell their shares right away.
Peter's Principle #11
"The best stock to buy may be the one you already own.
Many stocks which later became major holdings started out as minor purchases by Magellan. Often it is unnecessary to run around looking for the perfect stock, you may already have it in your portfolio, so buy more! It goes back to principle number 9, the number of really brilliant companies is finite, so when you do have one it might be better to buy more than to go out to find something else".
"The key to making money in stocks is not to get scared out of them"
"Behind every stock is a company. Find out what it's doing"
"Know what you own, and know why you own it"
"The typical big winner in the Lynch portfolio generally takes three to ten years to play out"
.....we should find out the short interest numbers as of February 13th. 6,000,000 was the number at the last report a couple weeks ago. What will it be this time?
This is a biggie, right? Big presentations, perhaps some deal talking amongst those who want to talk up a deal??
There's nothing here for you to get too excited about, Pipe. Institutional Holdings support is a little tepid.....only about 85%
Will Insmed post the February Investor Presentation on their website before their presentation in New York tomorrow?
Canaccord Genuity's Rare Disease Biopharma Day on February 3, 2015 in New York City;
Ooooohhh......and most everyone knows how I love the number 18 (180)
PS Hey, Pianoman.........how are you getting around in the snow and ice? A buddy of mine lives in NC near Raleigh and he can't believe how people were driving with flashers on going 5 MPH
.....Medical Science Liaison and Medical Director.
Not sure what next week holds, but here are some numbers for recently...
---Insmed was UP approximately 9% for the week
---Insmed is UP approximately 30% YTD.......that might be better than Terry and Man from Kolob
Have a nice weekend.