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The Roller Coaster That Is Insmed (INSM)

|Includes: Insmed, Inc. (INSM), INSMD

What the heck is going on with Insmed Incorporated (NASDAQ:INSM)?

Is it the usual INSM roller coaster craziness or something else?

I have been in and out of this company so many times I can't even keep track. In my mind I was ready to sell everything at $19.00. Of course, as luck would have it, by the time I went to execute on my decision it had dropped to $17.50. So I sold two thirds of my position instead.

So what now? Keep riding or lock in my gain as it gets smaller and smaller? (My basis is around $7.xx)

I can't find any news to explain the recent drop. Can you?

Disclosure: I am long INSM.