Hi ToysInTheAttic,
I understand you completely...but it all kind of depends when you became a long.. I have an average of 2 - 2.10 and i am long. I didn't sell above 3 and i am not selling no either..I even accumulated a little.
But the pps does worry me. Thatswhy i asked about the quiet period. A lack of news is one of the reasons the pps is this low.
When insmed is allowed to communicate again, it would be a completely different story.
I also don't unterstand. The public offering went for 1.88. We've seen for almost 2 to 3 weeks now a pps ranging from 1.86 to 1.95 with a daily volume of at least 1m shares.
Are the big investors buying more or are they selling their share ?
I know..insmed looks very promising and so on..but still as a long, i don't like the way it's going. I mean, the pps should be much higher..
Maybe the lawsuit (although insignificant to some of you) is still playing a big role in all this.
P.S. I know i sound a little too worried for a LONG, but i can't help it..I've invested alot in Insmed and I hope this company does not let me down.