Insmed Inc (INSM)

[surf_baron]

Pure speculation and I can't believe I'm even writing this but I would think EU approval is more likely than a merger with TRCA. I have been following INSM for a long time... (back to CTRX days) and I can't see mgmt cutting a deal with TRCA. I think mgmt is locked an loaded for a lengthy appeals road.

In the US companies are informed about their NDA/BLA approval status weeks before it's public information. I am not sure if the EMEA works the same way... A lot of times word does get out (yes I know its illegal to trade on such info). With the kind of volume spike it would be interesting to see if there's any PR after hours whatever it is....

Again pure speculation and a lot of wishful thinking on my part. It's just as likely that the trading is pure ruor and speculation....