$INSY Tuesday to Wednesday transition. The share price dropped a bit at the end of the day on Tuesday after starting with a slightly encouraging opening. The share price drop was NOT a major disappointment. It was, however, still a disappointment. LARGE numbers of shares are still trading hands. The share price is still around $5.00. The interest in the company continues unabated. Something has got to give!
I am looking forward to Wednesday's first few hours of trading. MAYBE, INSY will be seen as a solid investment; a result of the MILLIONS of dollars that have changed hands IN FAVOR of purchasing this stock at a rock bottom price. I am awaiting the volume numbers to decrease. I remain hopeful that a decreasing volume initiates an increase in share price. Wednesday could be the key to the remainder of the month for trading. If the share price remains steady or rises, the month could become progressively more positive. If the share price decreases then the remainder of the month may become a disappointment. Thanksgiving and the Christmas/Hannukah Holidays will put a mousetrap on purchases of stock. Individuals may still want the cheese BUT they are reluctant to reach for something that may hurt them. There are presents to buy.
I remain CONFIDENT that INSY will make a change for the better.
I am looking forward to Wednesday's first few hours of trading. MAYBE, INSY will be seen as a solid investment; a result of the MILLIONS of dollars that have changed hands IN FAVOR of purchasing this stock at a rock bottom price. I am awaiting the volume numbers to decrease. I remain hopeful that a decreasing volume initiates an increase in share price. Wednesday could be the key to the remainder of the month for trading. If the share price remains steady or rises, the month could become progressively more positive. If the share price decreases then the remainder of the month may become a disappointment. Thanksgiving and the Christmas/Hannukah Holidays will put a mousetrap on purchases of stock. Individuals may still want the cheese BUT they are reluctant to reach for something that may hurt them. There are presents to buy.
I remain CONFIDENT that INSY will make a change for the better.
