DYOR, for all the real longs in INSM the pps "disappointment"
and the noise regarding it is all flotsom and jetsom...Go back and review every event since Dec. and you'll see a plan being executed.
The avg. pps all last fall was about $1.17. We all know the events that have transpired but how often do folks ask themselves what has really changed?
The one major thing that has changed is that along the way INSM has been bought higher by daytraders and novices chasing for the home run that are pissed the pps is "only" $1.88, only trades in daily penny increments since and want to blame everyone but themselves. imho these are all folks who lack vision, patience, experience or maturity it takes to be in biotechs or the stock market, and make the most noise..screw em.
Meanwhile, DYOR consider this. The pps nearly tripled in just over one month's time. the pps right now is at a 50% retracement from the hyper move it made to $3.35. Ask yourself, how many companies pps has made that kind of parabolic move and sustained it without a technical retracement? I will admit I didn't expect <$2 but the INSM story is till intact and I'm adding.
Anyway I have the luxury of being a true long and would encourage you to do the same and anytime you doubt, go listen to the last CC. When doing so try to listen to the level of confidence reflected in their voices, the organized delivery and the details of what is presented. There's no BS pr's blanketing the wires to placate the day traders.
I'm still excited about INSM and have the patience still to see this play out.
Sorry it took me 2 attempts to post this due to storms
glta
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