Nov. 16 at 4:07 PM
$INSG For all those Questioning their investment thesis in this stock. Here's something to chew on:
The Q3 results were good. They showed they can beat their estimates consistently. They have a great leadership in place. New products launched and a new Tier 1 customer (Meaning they got them all)
It didn't break
$50M revenue mark which is what is needed to go beyond
$20. So we are going to now trade between
$14 -
$20 range until we break that range when they show exponential growth.
Always remember a head of Qualcomm would not have joined tiny INSG if he didn't see the future!