Insmed Inc (INSM)

[BlerchScraps]

"Most posts here about short term hourly to daily to weekly price fluctuation. Which is meaningless to someone like be who has held onto this stock for the last 8 years. Pay day is coming. This is a marathon, not a sprint."

While I cannot disagree with such a "marathon" long investor as yourself, mpetisth (with admiration for your endurance, my friend), once again there are others here, myself included, who do not have your patience. We have to keep our investment money at work making money, and this stock has been a test for us in the last few months. So while I appreciate your viewpoint, I have a different perspective, having only heard about and held Insmed shares since last fall. Given that difference, we can all cheer the intraday breakout today on news. It has since settled back today to below Friday's close as I write, but I liked the spike, as shown in this chart, saved earlier today. It shows to me that investors who haven't padded their holdings at below-$1.80 levels can probably safely do so now.

The interim $1.65 low shown by the moving average convergence/divergence (MACD) turnaround April 8th is still holding and the indicator still points north, with both the blue MACD fastline and steadily growing blue histogram blocks (bottom of chart).

Congratulations to all longs for keeping the faith, and especially to VERY patient long-term investors like mpetisth. And once again, thanks to all dedicated and diligent fundamental researchers here.