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Posted On: 05/12/2018 11:37:12 AM
Post# of 212
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$INSY The Quarterly statement is now history and, thankfully, the release ended with minor change in share price status. Next up will be the on-going legal battles with the Feds, States, Counties, Cities and individuals.
Unfortunately, as long as INSY is in the News, the negative Press will keep the share price down. The $7.00 barrier will eventually break down and the $8.00 wall will be next up on the ladder. I do not believe that any rapid rise in share prices will occur anytime soon. I do suspect that the court cases will linger throughout the remainder of 2018 and keep investors a bit reluctant to buy stock in INSYS Therapeutics.
To me, this is a 'sit-down and hold'em stock'. I remain hopeful that 2019 will be the year this puppy breaks out BIG TIME. Yeah, I know, I have been WRONG MANY TIME BEFORE!
Unfortunately, as long as INSY is in the News, the negative Press will keep the share price down. The $7.00 barrier will eventually break down and the $8.00 wall will be next up on the ladder. I do not believe that any rapid rise in share prices will occur anytime soon. I do suspect that the court cases will linger throughout the remainder of 2018 and keep investors a bit reluctant to buy stock in INSYS Therapeutics.
To me, this is a 'sit-down and hold'em stock'. I remain hopeful that 2019 will be the year this puppy breaks out BIG TIME. Yeah, I know, I have been WRONG MANY TIME BEFORE!
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