$INSY Looks like about $10MM in INSY shares has tr
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Posted On: 10/31/2017 1:15:34 PM
$INSY Looks like about $10MM in INSY shares has traded so far today. Not unexpected as some shareholders choose to bail and others choose to take advantage of the extremely low share price.
Corporate INSYS has to become more involved with the damage control. Yeah, the Federal charges against the former CEO are extremely serious and potentially devastating to the company BUT the focus is on the individuals and not the company. The products produced by INSYS Therapeutics are first rate.
Investors should hold solid but they are understandably reluctant to take a big dollar hit on their shares. Some believe that any current share price is better than betting on and waiting for an upward tick.
MY OPINION: Hold and gut it out. This year may turn into an 'on paper' loss, but I believe there will be an increase in share price.
Corporate INSYS has to become more involved with the damage control. Yeah, the Federal charges against the former CEO are extremely serious and potentially devastating to the company BUT the focus is on the individuals and not the company. The products produced by INSYS Therapeutics are first rate.
Investors should hold solid but they are understandably reluctant to take a big dollar hit on their shares. Some believe that any current share price is better than betting on and waiting for an upward tick.
MY OPINION: Hold and gut it out. This year may turn into an 'on paper' loss, but I believe there will be an increase in share price.
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