Replies to post #6164 on Insmed Inc (INSM)

[read_this_n0w]

Hello Seaspot, Yes on Insmed,

Indeed a lot of games played there to deter any momo interest. And in my view also to frustrate any uncertain longs for that matter.

I swing trade a lot, but not do not swing Insmed currently.

Have it a value position here, ie accumulate and hold. Been in insmed longer and know its past inside out. Sold on the bad MMD results, got back in when bottom was in and accumulated.

Did sell above the dollar fifteen when the chart uptrend broke down, only keeping a core.

Been accumulating heavily under .72
And have an overweight position in it currently.

Although chartwise it is possible the MM will try to close the Russel day price, I still see an upside break much more likely.
Also considering the drying up of the volume. Do think most weak hands shaken out.

Also think whatever scenario unfolds it will increase value. Even if one would dismiss iplex entirely, in current climate each dollar gets a lot more value since a lot of companies just cannot find high risk money, which biotech investing basically is.

Insmed very well positioned there with their 127mln cash.

But to be honest, i do not dismiss iplex at all.
Retinopathy very very promising due to what iplex did in short stature. Seems basic use just a bit younger population to use it in.

Quite curious on the PCUT initiative.that could potentially be a big value driver.
Also not dismissing a takeover.

We shall see, maybe testing some patience.
I am overweight here. Will even add more if it goes to Russel day price shortly, or otherwise on break of .75-.77



Regards,

Robin