$INSY Saturday Morning and a quiet time for review
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Posted On: 11/04/2017 9:25:15 AM
$INSY Saturday Morning and a quiet time for review.
Share price finally settled slightly above the $5 level after briefly seeing the upper $4 level touched. For some shareholders, the past week was a brutal beat-down. The Market-Sweep method to purchase shares hurt everyone. Prices were driven down by the sales of 1, 2, 4 or 10 shares at a time for the LOWEST prices that some worried sellers found acceptable. Panic may not have set in but many decided that whatever price was offered was better than waiting and taking an additional risk that the share price would drop even farther.
IN MY OPINION, next week will bring some calm to the INSY market. Yes, a ton of shares have traded hands AND those who bought at bottom dollar prices MAY choose to make a quick buck or two by flooding the market with their cheaply purchased shares. The other possibility (probability???) is that the same individuals who bought low recognize that this stock will go back up to its former $14-$15 level. A VERY nice return on an investment for those smart individuals who bought under $8/share. I believe that there will be some trading BUT the majority of shares that were purchased this past week will be held for a return to the high share price levels.
The thoughts on this page only represent MY OPINION. I have been wrong many more times than I have been right....ask my wife. However, I do believe that INSYS has two MAJOR positives gong for it: 1) Name recognition of its in-market products 2) The introduction of its new product lines of 'synthetic marijuana'.
Existing products will provide revenues (albeit reduced $$$ from the bad publicity and Federal/State indictments) that will help sustain the company through the up and coming storms.
New products will provide market entry tools for the company. The revenues from these will be low but will provide a greater than break even stream of dollars to the company.
The company will become leaner and meaner with the change in revenues. It will face a difficult path to return to past glory. It will face increased competition from other producers. The current court cases will provide other companies with examples of ethical violations that will continue to embarrass INSYS. It will be a rocky road for the remainder of 2017 and, most likely, well into 2018.
The GOOD NEWS is that INSYS appears to have an outstanding staff of professionals. It also has a new CEO who will provide leadership and return integrity to a company that may have forgotten that profit is not the only return that a company can hold in its hand, provide to clients and return to investors.
I look for 2018 to be a very good year for INSYS, after the smoke clears.
Share price finally settled slightly above the $5 level after briefly seeing the upper $4 level touched. For some shareholders, the past week was a brutal beat-down. The Market-Sweep method to purchase shares hurt everyone. Prices were driven down by the sales of 1, 2, 4 or 10 shares at a time for the LOWEST prices that some worried sellers found acceptable. Panic may not have set in but many decided that whatever price was offered was better than waiting and taking an additional risk that the share price would drop even farther.
IN MY OPINION, next week will bring some calm to the INSY market. Yes, a ton of shares have traded hands AND those who bought at bottom dollar prices MAY choose to make a quick buck or two by flooding the market with their cheaply purchased shares. The other possibility (probability???) is that the same individuals who bought low recognize that this stock will go back up to its former $14-$15 level. A VERY nice return on an investment for those smart individuals who bought under $8/share. I believe that there will be some trading BUT the majority of shares that were purchased this past week will be held for a return to the high share price levels.
The thoughts on this page only represent MY OPINION. I have been wrong many more times than I have been right....ask my wife. However, I do believe that INSYS has two MAJOR positives gong for it: 1) Name recognition of its in-market products 2) The introduction of its new product lines of 'synthetic marijuana'.
Existing products will provide revenues (albeit reduced $$$ from the bad publicity and Federal/State indictments) that will help sustain the company through the up and coming storms.
New products will provide market entry tools for the company. The revenues from these will be low but will provide a greater than break even stream of dollars to the company.
The company will become leaner and meaner with the change in revenues. It will face a difficult path to return to past glory. It will face increased competition from other producers. The current court cases will provide other companies with examples of ethical violations that will continue to embarrass INSYS. It will be a rocky road for the remainder of 2017 and, most likely, well into 2018.
The GOOD NEWS is that INSYS appears to have an outstanding staff of professionals. It also has a new CEO who will provide leadership and return integrity to a company that may have forgotten that profit is not the only return that a company can hold in its hand, provide to clients and return to investors.
I look for 2018 to be a very good year for INSYS, after the smoke clears.
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