INSY weekly gives a longer-term perspective. The high short interest could fuel this one to test the recent high at $57.91? We shall see very shortly.
INSY fell further this week and my first (ever) attempt to build a chart was not such a successful event. :) Here is my try again. Has it finally found the bottom? It appears so if it was to maintain its near-term slight up trend from May 12 going into earnings on August 12. Please note that the huge amount shorts have not yet covered and it's a extremely...
INSY had a mini bear raid Thursday, bounced nicely on 9 DMA and ended the day with a hammer. So that drop looked like a good buying opportunity. Insider buying and accumulation since May. Huge institution holding and a big short interest 52.32% out of a very small float. It had two FDA designations in the past week. It looks ready to resume its up trend into...
$INSY had another bear raid Thursday and ended the day with a hammer. It bounced off 9DMA nicely and should resume its up trend next week. Insys Therapeutics had two designations in the past week and another product in phase 2/3 study. Insider buying since May. Huge institution holding and 52.32% short interest out of a very small float.