The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

22 February 2006

InPhonic/INPC for "AP"


If you are out there, you had requested my opinion some months ago re InPhonic/INPC. Today the shares are set to open down ~20% to ~$6.25. The news: disappointing earnings and analyst downgrades.

As if this trend were not sufficiently obvious for all to see... and which is the point of this post. Certainly, I have no interest in this company or stock, but even I recognize a possible and potential reversal from this morning's low trade. If it occurs, today would be the day, as this opening manifests as a moment of obscene weakness following an extended (and obvious) trend of extreme weakness. Watch for it, if still interested.

-- David M Gordon / The Deipnosophist

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