$INSY Thursday January 25.
Share price has remained reasonably steady around the $10.00 level for the past few days. Best guess about today's trading is that volume will continue to be higher than average and the share price will remain close to $10.00 but I will not be surprised to see a drop to the high $9.00 range. As long as the share price does not take a dramatic upwards leap or a rapid drop, the stock will remain extremely attractive to investors. Too much travel in either direction may create an atmosphere of doubt and volume could rapidly increase with share price continuing to fall to the LOW $9.00 range.
I anticipate a FRIDAY close around the $10.00 range; today may make me reassess this thinking.
Share price has remained reasonably steady around the $10.00 level for the past few days. Best guess about today's trading is that volume will continue to be higher than average and the share price will remain close to $10.00 but I will not be surprised to see a drop to the high $9.00 range. As long as the share price does not take a dramatic upwards leap or a rapid drop, the stock will remain extremely attractive to investors. Too much travel in either direction may create an atmosphere of doubt and volume could rapidly increase with share price continuing to fall to the LOW $9.00 range.
I anticipate a FRIDAY close around the $10.00 range; today may make me reassess this thinking.