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Nickleordime

05/06/20 1:43 PM

#328 RE: slimhere #327

Sounds like sound advice...
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LionsTact

05/06/20 3:32 PM

#329 RE: slimhere #327

I've decided to wait until after earnings to invest Long Term.....and INSG is a winner in my book.

I do want to learn options trading but for now, I'm passing on that.

Tactically speaking:
My understanding is INSG has traded lower 5 out of the last 6 times the day after earnings report which hopefully gives me the buying opportunity that I'm looking for.

Financial Issues to get opinions on:
I will always openly speak because I don't believe in "Fairytale" talking all the time....that said......From a financial perspective, INSG seems to have problems ( but most stocks do)
....With INSG the last qtr they did $52M they lost $13M. This qtr they also have a $7.9m charge for inducing the Note conversion.

Isn't there $47M of Term loan at the effective interest rate on the Term Loan was 13.50% for the year ending December 31, 2019. and an approx $50M of unconverted Notes earning 9% and $35M of preferred shares earning 9%.?

That is almost $1M a month in interest or $12M a year debt service. And the Term loan was extended until March 2021 so they'll need $47M by then to satisfy it.

Listen....I'm not trying to scare anyone....They're a candidate for a buyout and INSG is expected to have a great 2nd half of the year....I just don't want smoke blown in my face every time I come to a message board, which is common on IHUB....The more we know, the wiser.
( absolute no offense to anyone intended there )

...In my opinion, ALL prices we see in May are good prices,... I'm just waiting for my time to pounce on a price ( under $10 ) to cure my thirst for this next generation 5G company.

Go INSG !!