InPhonic/INPC for "AP"
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
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
posted by David M Gordon | 6:18 AM
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