$INSY Trading was halted today. THANK GAWD! The share price
$INSY Trading was halted today. THANK GAWD! The share price has ALMOST become a dirge. The NEWS from today has not contributed to positive reactions from the stock market and the share price has rapidly tanked. Thankfully there are some safe guards.
What is next? MY OPINION: This looks like a long and bumpy ride. Perhaps much longer and with more bumps than I had initially anticipated. The News of today is NOT good BUT it is NOT devastating. The beating has been given in the Wood Shed, now investors will decide whether a lesson has been learned. The current US sentiment of the US public SEEMS to be to throw out the perceived Bad Eggs in politics and business. What will happen AFTER these individuals are out of their offices remains to be seen. Ideally the change will bring about a renewed confidence in politics and business. INSYS will have to bite the bullet while its Management goes through the Mea Culpas necessary to regain the trust and confidence of the investor. I believe that the INSYS Management Team will be able to accomplish this.
Next week will remain the harbinger....what comes about will depend on how brutal the Media is to the former head of INSYS and how much Damage Control the Current leadership can accomplish with the Media. Popcorn and Beer time while investors hope for the POSITIVE UPSWING in share price to happen.
Insys Therapeutics Inc. (INSYQ) Stock Research Links
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