I have thought about the Citrix claim and I have the following comments to make........ 1.No one here doubts the value of Insgy and we can all predict a superb future for the company, based on the value of their technology and we are all guessing as to when it will translate into the share price. That's the bet!! No other factor counts...the rest is peripheral. 2.Situations like Citrix put the "Brakes" on the short term appreciation of the share...they make the investors somewhat cautious, especially at a time when we are all(together it seems) gambling on our own judgement, with snippets of (good) information gleaned from here and there. 3. I think the share has reached its opportunity cost level, it hurts no one to stay in, and it will remain there until we see institutional endorsement, "win" news, analysts coming on board(where from?), or a bid for the company. 4. As always when you are a small investor ( such as those at TSATA last week, who bought on takeover news, and lost all their money, when the insider truth was revealed), you really know sweet f*** all, other than what you know, therefore I add a word of caution, as regards the minnow Graph On, who are out to get as much as they can, and I just want to be sure that there is no way any award to them against Citrix can be translated back into anything bigger! I believe time will show Insgy taking a few million in their stride no matter who ends up with the money....but one thing's for sure, INSGY could have done without this, and it has come at the worst time, and it was a bit of a shock!! 5. We are all "long" together, and no matter what is said on this board, no one wants to sell, but we have to expect some knocks along the road to an ambition for a share of $20....such a coup in investment terms requires some blood to be spilt!!!
I'm long and not buying any more, until this issue is put to bed, and becomes old news, or until new "news" takes over!!! Cant comment fairer than that....bit smug maybe, as my holding started under a $1, so those that bought in higher may feel more nervous...dont is all I will say...this is a good company!!!
The IrishLampRubber! |