$INSY Friday, November 17, 2017 The week has been
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Posted On: 11/17/2017 1:01:17 PM
$INSY Friday, November 17, 2017 The week has been kind to INSY investors. No dramatic gains BUT the share price has continued to increase after a steep drop about 2 weeks ago.
IF the remainder of the day continues to progress as the morning did, today's close should show a slight increase in share price over yesterday's close. For many, the recent share price plunge was scary.
Early investors in the company may have been shocked BUT did not suffer the losses of those who bought in when prices were in the teens or higher. Ideally, everyone will make a few bucks when the smoke finally clears and INSYS Therapeutics is over the court cases. No crystal balls or ironclad guarantees, but the shear volume of shares trading hands is indicative of the interest in this company.
What will be the most acceptable and realistic share price that everyone accepts? My guess is that once the share price hits $10.00, there will be a major decrease in volume followed by a very small daily increase in share price. I am sitting tight and waiting to see what happens by April or May of 2018. I am confident that share price will be most attractive and, with a little luck, in the $Teens.
I am very positive about this stock.
IF the remainder of the day continues to progress as the morning did, today's close should show a slight increase in share price over yesterday's close. For many, the recent share price plunge was scary.
Early investors in the company may have been shocked BUT did not suffer the losses of those who bought in when prices were in the teens or higher. Ideally, everyone will make a few bucks when the smoke finally clears and INSYS Therapeutics is over the court cases. No crystal balls or ironclad guarantees, but the shear volume of shares trading hands is indicative of the interest in this company.
What will be the most acceptable and realistic share price that everyone accepts? My guess is that once the share price hits $10.00, there will be a major decrease in volume followed by a very small daily increase in share price. I am sitting tight and waiting to see what happens by April or May of 2018. I am confident that share price will be most attractive and, with a little luck, in the $Teens.
I am very positive about this stock.
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