Insmed Inc (INSM)

[Do DD]

elmono,

When I take a position in a stock it is for the long term since I'm a value investor. Since I did my DD I bought in at an average of less than $1.50 now.
And I've already discounted for a full usage of the shelf. 120MM shares out. After that financing should be done as much as possible by revenues and partner(s).

My investment thesis in INSM is still intact (I evaluate each event). Besides: INSM is about 1/6th of my portfolio. But also the rest are plays which will play out until 2008-2009. But in that timeframe I'm expecting a return of 50-100% per stock over the average.

That's a lot more than what I could have at a bank in that timeframe.

GL in your trading endeavors, E.