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Great news coming fast and furious. All of which will add millions in new business. Bought some more today at 14.19.
In after hours trading last night as the Cramer interview came on TV, with our CEO Jim Mondor, INSG traded a million plus shares and jumped another .84 a share. Check out the video on You Tube, video on Mad Money's Jim Cramer interviews INSG CEO. Exciting stuff and we are on the ground floor. Cramer says 5G will be a 5 year roll out. Again we are just in the first inning. Should break our record high on Monday of 15.25. I will buy some more next week.
Also, over 15 million shares traded when the average is 2.7 and some big chunks that represent Institutional buying. They don't jump on pump and dumps.
Stock price reflects future earnings. Someone may be pumping this stock, but they sure were lucky because the real news speaks for itself. T-Mobile on top of AT&T and already doing lots of business with Verizon. All picked our products. Pretty spectacular. All big players in 5G. We are in the first inning of 5G. This is more like a 20.00 stock that is just now being discovered. Anyone that owns this stock will be well rewarded by the end of 2021. GLTA
Great news indeed!
Decided to take a position today as it was pushing through the 16's. Looks promising as a long term hold. GLTA
Thanks for that info. I do not plan on selling a single share. Good luck to you.
So is there any option or do we just have to wait for the notes to mature. I have my biggest position here or should I just keep adding while the stock does not reflect it's true value. When they report again, I believe in November, this will get back to its highs. Sooner or later if they have sales over 80 mil something would have to give.
So other than the obvious, why do you think this thing is taking such a hit. Hopefully after Labor Day, when the traders return, we will receive a bump.
Same here. Summer generally sucks in the market. The traders will be back after Labor Day.
Up over 40% in less than a month and traded over 12 million shares last Tuesday. Seems to be plenty of interest here for me and near it's all time high.
Nice strong move today on below average volume. Lots of potential.
Thanks for the clarification.
Slim, you mentioned there is a rumor going around about Insego. Anything you might be able to share. TIA
Added today. This is definitely my largest position. Also added some SQNS. GLTA
I will tell you from personal experience with several other OTC stocks I have owned. If, other than the reverse split, nothing has happened to improve the value of the company, it will be driven down big time by short interest. I owned and still take CVSI products. It has drastically improved the quality of my life. But a reverse split only increases the value of a diminished number of shares short term in the OTC. Long term it can be the kiss of death if the company does not improve its balance sheet.
Prescience has opened itself up for a Class Action law suit and a corporate suit if their investigation is a fraud. ENPH looking good so far this morning. I know they have great products and are used all over Florida as the #1 micro inverter. GLTA
I got in at the 14.70 range. Sold after hours tonight at 39.81. Got burned really bad with CVSI over a report that turned out false, but the stock still has not recovered. I know the product is essential and the microinverters are top notch. Hopefully they can recover the extremely bad press and I find it hard to believe that the heads of the company would destroy the business for short term gains. But I learned a lesson and will take my profits. Tomorrow will be telling.
SQN$ is red too.
Bought some more at 3:59 on Friday. Did not want to take a chance on a spike on Tuesday. Will not sell anything this year. Started buying in the 5.50 range. This investment and En#H solar totally restored my 401 after it was cut in half by the Pandemic. GLTA
Anyone know what caused this to explode today. Really a nice day.
I think we will see 20 in May with the exceptional earnings report that is on the way.
Looks pretty green to me. This stock has been a salvation for my 401 K during the pandemic. I can only imagine what will happen as the economy improves and 5G really starts to kick in. GLTA
Not really. Earnings report in 2 weeks and CEO already said it will exceed guidance significantly. We will never see 7.00 again. Not even 9.00.
Have been a part of 2 reverse splits in the OTC. Both turned out bad. As soon as the new price was established shorters moved in and drove both back to where they had been before the split after about 6 months. Total disaster, especially when the fundamentals of the stock have not changed, I am sorry to say. I still use the gold capsules helps me with all of my pains and feel much better in general. Never fall in love with a stock I was told years ago. This is the first one I broke up with from an average of 6.00 per share to selling all at 1.20. FDA is to blame. Then once the stock started dropping the whole picture changed. Really sad. Maybe someone will step in since that patent could be quite valuable. I certainly hope so as this is a pretty cool board with nice people that you hate to see lose lots of money.
I use the Etrade app. No problems buying or selling.
Shortsighted view. You need one microinverter per solar panel. There are millions of solar panels out there with millions more on the way. If you understand that they are so easy to install, federal and state tax credits available and they turn your home into a mini power plant with its new batteries making it safer and free from being dependent on your local power plant during mass power outages. Older solar panels are easily adaptable to these new inverters. For those of us in Hurricane prone areas this is as good as it gets. Not over valued at all. 100.00 plus stock down the road.
Starting to look like a similar move today based on pre-market activity. Added yesterday a few minutes before 4 pm at 6.61 and it closed up from there. When a stock is up 20% in one day usually profit taking drags it down in the last few minutes. That did not happen. Someone or some group was buying up this low float as fast as the shares were sold. Pretty exciting company to be involved with. And so much more potential like Insego.
Have been waiting all day to increase my position. Very little pull back.
Just pulled the trigger. Really a strong stock today with record sales volume. Finally getting noticed, and with such a small float, today was just a sample of what kind of move this stock is capable of on no news.
Nice call. May hit double digits by fall. All time high today. People starting to take notice. Double the daily volume plus some today and the spread is getting tighter. GLTA
Took a position today and am looking forward to a strong year.
Ooops!! Meant to post that on the SQNS board.
Got in today. Looking forward to strong growth in the future.
over 25,000 shares bought in pre-market which is way above the daily average. Hopefully a good day. GLTA
Been following this for a few weeks. Thinking about getting in next week after this past weeks news. Cheaper than what I paid for Insego and that one is looking pretty strong. GLTA
Sorry it was Solar Express that cleaned this board.
Thanks for the info. Things looking really good here for mid-January. I believe Stockman set up the header for this board. It is way above my skill level. Thinking about buying some SQNS next week.
Thank you. Great week for Insego. Will blast through 10.00 soon.
Can someone explain to me what you meant by chewing through the convertable debt and how long this may take. TIA
Everything you need to know is at the beginning of this board with a picture of the hotspot that converts the cell phone to 5G. Already in use and being sold in Quatar by Vodaphone, a huge European cell provider. We are involved with all of the major cell companies in the US. 2020 looks to be huge for 5G. Already seeing TV commercials about 5G products. Insego is well positioned to ride this wave.