Insmed Inc (INSM)

[elmono]

Even as a smart long, I am sure you are not willing to invest in a stock that will not appreciate substantially in the next 6 to 12 months, or will you? Knowing that there are much better opportunities around. Surely with every bit of good news, the share price will jump 10-20, maybe even 30 or 40%. The problem is, that to finance broader indications, a lot more cash is needed. Even with a partner or without further expansion, I believe more cash is needed to finance the operations and will be attracted in the next 3-6 months (think about the legal costs, the sales force and the new hot shots in town). So what we will likely see is some very good (trial)news, followed by a not so nice shelf.

Also the legal dispute is like a sufficating dark blanket that will stop any substantial and lasting upside movement, until it is resolved. I would be very very surprised if in the next weeks a full and final settlement will be reached.

Although I believe in the potential of the product Iplex, I think it will take a while before INSM takes of. Hell it might even take a year or two. I prefer to be invested for the time being in other assets. That having said, I do and have been closely monitor(ing) INSM developments the past years.

For the record: I was invested in INSM for quiet some time and bailed out a couple of months ago, with a substantial loss.