In a nutshell, I think that's what's going on with Insmed but by a few more players. I guess there's more Hedge funds today than there were in 2006. Quite interesting is the fact he says it's legal. In fairness to retail investors it probably isn't, but among the institutions, I'm not sure there is any moral code they live by.

Lewis was trained in the Investment community, so he is aware of it more than most. Hence, that's why he takes free $ off the table whenever he sells. He knows it is manipulated. He has one year to produce some results that will take the stock higher due to good earnings or a potential buyer.