HMDG very good post as usual, thanks for your insight. Jain has really cleaned up his act, but the hangover persists. Given continued improvement, and particularly as the economy improves and they have a break out quarter that will put that behind us, but probably not until then.
I think the revenues are the key issue as you say, now people want them, a good story isn't going to cut it much for now, although I would never underestimate greed. If it starts to roll a bit, and the economy improves along with INSP's numbers improving, I think we will see good upward movement. As I just wrote in another post, there have been a lot of encouraging economic numbers and I think the economy is going to see good growth this year, sooner than people think.
I think when we look back this will seem like one of the mildest recessions ever, a nadir of unemployment at 5.8% is not too shabby, that was better than most growth years before the late 90's as I recall. People have money to spend, even in rural or working class areas, they just aren't hurting *that* much. I think the retail sales numbers today reflect that. |
