Replies to post #514 on Insmed Inc (INSM)

[coinstarz]

I think Insmed let CD continuously convert and keep very quiet. I know CD will sell to any news so why not let them convert now to make less profits and move shares to retailers or inst funds to support PPS. The conversion price is fixed at 1.29-1.39. When most of convertables are gone, then release news and let PPS raise. However, take profits whenever you can and sleep better.

$10,188,000 principal amount of the Convertible Notes remained outstanding...according to 8-K filed on 01/13/06. I guess $6-7M may have been converted in last 5-trading-days.

The company and its ITP are working very hard and extremely busy to meet the internal schedule. Mr. Market does not care what the company is doing, he watches level II and streamers.