$INSY Midweek and the adrenaline is starting to ki
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(Total Views: 222)
Posted On: 11/15/2017 8:29:23 AM
$INSY Midweek and the adrenaline is starting to kick in.
So far this week the share price has held. Nothing exciting BUT the former downward plunge has abated and a slow and expected crawl back up in share price is taking place. I remain hopeful that the share price increase will begin to accelerate. I do not expect someone to slam the gas pedal to the floor but I can foresee investors getting back in the game before the price hits $10.00/share. Why? Simple: The former share price held between $14.00 and $15.00 for a considerable time. Buying shares up to and including at $10.00 should provide a very acceptable return on investment IF, as I suspect, the share price returns to the $14/$15 levels. Yeah, I am beginning to feel a small rush in anticipation of a run up to $15/share. No, I do not think the share price will make a giant leap before the end of the year. Yes, I fully expect that by March or April of 2018, share price will be at the $14/$15 level IF a few things take place:
1) Current share holders do not continue to dump the stock at dirt
cheap prices
2) The new Executive Management continues to provide leadership
and honesty to the public
3) The (synthetic) Marijuana product line is further developed,
expanded, and promoted
4) 'Other' drug research and development continues
5) (MOST IMPORTANT) Press Releases/Media Coverage of the
FORMER CEO does not drag the company through a cesspool
of negative coverage. This is where CURRENT Executive
Leadership will determine the direction of the company.
I am encouraged by the current actions of the Executive Management of the Company. I am excited about the growth potential of the company. I remain positive that INSYS will return to be an extremely profitable company and a respected provider to the medical community.
So far this week the share price has held. Nothing exciting BUT the former downward plunge has abated and a slow and expected crawl back up in share price is taking place. I remain hopeful that the share price increase will begin to accelerate. I do not expect someone to slam the gas pedal to the floor but I can foresee investors getting back in the game before the price hits $10.00/share. Why? Simple: The former share price held between $14.00 and $15.00 for a considerable time. Buying shares up to and including at $10.00 should provide a very acceptable return on investment IF, as I suspect, the share price returns to the $14/$15 levels. Yeah, I am beginning to feel a small rush in anticipation of a run up to $15/share. No, I do not think the share price will make a giant leap before the end of the year. Yes, I fully expect that by March or April of 2018, share price will be at the $14/$15 level IF a few things take place:
1) Current share holders do not continue to dump the stock at dirt
cheap prices
2) The new Executive Management continues to provide leadership
and honesty to the public
3) The (synthetic) Marijuana product line is further developed,
expanded, and promoted
4) 'Other' drug research and development continues
5) (MOST IMPORTANT) Press Releases/Media Coverage of the
FORMER CEO does not drag the company through a cesspool
of negative coverage. This is where CURRENT Executive
Leadership will determine the direction of the company.
I am encouraged by the current actions of the Executive Management of the Company. I am excited about the growth potential of the company. I remain positive that INSYS will return to be an extremely profitable company and a respected provider to the medical community.
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