again today same trading on low volume.
only the trade size has dropped to (1) shares dropping the share price as much as 12 cents.
for sure this is not retail trading.
looks like we are on insmed deep dark secret list unless they put out their list of form 4 giving themselves
another big payday.
Sentiment: Strong Buy
what is even more amazing is when this morning when one 20 share trade dropped sp from 22.55 to 22.20 and next trade of one share trade dropped it to 21.98.
couple trades later a one share trade made the sp go up 58 cents.
anyway we are back in the green. looking good again.
less than 50000 shares traded at 10:25 am and we lost half that buck.
we sure do not need anymore upgrades or reiterations.
just does not work.
A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish
pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls.
they have had some good calls on insm
awhile back they would run it up every morning. think here we go.
then exactly at 10:10 am every morning the bottom would drop out.
today the IBB and biotech sectors are in the green.
time for the 120 day clock stop.do not know if we will even know when and how long.
all ema meetings are couple weeks away.
looks like whoever has control of their few shares controlling the sp has been using their own form of
Breakthrough Therapy Designation.
I think a lot of retail would like to know.
100k does not change the sp but the trades with just 1-2-3 shares they are doing
make it change 30-60 cents down.
What is going on here? good question.
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now the new york stock exchange has been halted because of technical problems.
not sure if it will affect us.
just another excuse though
the best day we will have this week.
stock futures are above last night.
IBB up $2.34 in after hours.
QQQ up $.85 in after hours.
short interest after hours Friday.
what excuse will we have tomorrow.