$INSY After hours. The Friday close for INSY was $
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Posted On: 01/20/2018 11:12:01 AM
$INSY After hours. The Friday close for INSY was $8.69. After hours trading saw a rise to a high in the $8.80s before returning to the last reported share price of $8.74.
While the increase in share price is encouraging, there is no indication that the share price will continue to rise. However, I look for a coming solid week of incremental share price increases. Why? Friday's volume was back to a more realistic level of trading. It was not a mega-million share trading day AND share price remained fairly level all day; no dramatic ups or downs. I believe next week will follow Friday's trading pattern and share price will not experience the hits it has taken in the past weeks that drove the price back down.
I look for (hope for?) next week ending near $9.00/share. I believe this is a realistic goal for the week. Of course, I have been wrong many many times, this is a guessing game. No matter how much due diligence occurs, the end result seems to be a success rate based upon 25% research, 75% luck.
While the increase in share price is encouraging, there is no indication that the share price will continue to rise. However, I look for a coming solid week of incremental share price increases. Why? Friday's volume was back to a more realistic level of trading. It was not a mega-million share trading day AND share price remained fairly level all day; no dramatic ups or downs. I believe next week will follow Friday's trading pattern and share price will not experience the hits it has taken in the past weeks that drove the price back down.
I look for (hope for?) next week ending near $9.00/share. I believe this is a realistic goal for the week. Of course, I have been wrong many many times, this is a guessing game. No matter how much due diligence occurs, the end result seems to be a success rate based upon 25% research, 75% luck.
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