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Microcap & Penny Stocks : INSP Investors Research
INSP 124.41-2.3%Nov 28 9:30 AM EST

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To: howsmydrivingal who started this subject10/18/2001 1:24:08 AM
From: howsmydrivingal   of 787
 
INSP has profit of $21,483,000 from its investment in 21.7 million shares it bought back about 37 days ago. It bought the shares from Vulcan Ventures and retired them. Thus reducing the outstanding float to about 304 million shares.

No refigure of guidance was made, therefor earnings will show a positive skew. Some traders will attempt to capitalize on this while investors will anxiously await the metric numbers and future guidance.

In reading the press releases of late, one has to believe that earnings and guidance should be very strong, hence the runnup of INSP stock price from a very recent price of 1.12 per share to the close @ 2.04 today...
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