looks like quite a few of brokerage houses are doing "the deed"
Re: Investigation
by: nutodaboard
Long-Term Sentiment: Strong Buy 03/30/06 02:09 pm
Msg: 82009 of 82015
The only investigation that needs to be done is why seemingly negative news gets posted and reposted. The problem is that there are simply too many holders selling shares and not enough people wanting to buy at higher prices. I think the real problem is that the stock attracted so many day traders building good sized positions because they thought there was going to be some quick upside movement that did not happen. Now they are tired of what has become a boring stock (at least in their minds) and they are cashing out and taking their money to what they perceive to be hotter stocks. We really do need some sort of positive news from the company. The problem is they shouldn't and won't make something up. There are potentially a number of things that should happen soon that will generate some PR that should attract some attention and stimulate some new investors - until then the stock will probably settle in the trading range it is now in. Remember, MM's can't take a stock down when there are more buyers than sellers. They can, during a period like this, however build positions. I checked today as to who the MM's were and was surprised to find there were a good number including Merrill, Smith Barney, Schwab, e-Trade, Knight Trading and at least six or seven more. Let's all hope there is enough belief in INSM by some of these folks that they build positions for themselves. If they lose faith and more buyers do not appear the stock will go lower. Based on fundamentals it shouldn't but I don't beleive the investing public in general knows about INSM - YET!
Have to go now and won't be back on the board until this evening. My firm does not allow us access to posting to a message board. I just stopped by home for lunch. Later.
