Mid afternoon yesterday, I had a price alert go off for INSP on my watchlist. The last time I had a price alert go off, it was in TXT and instead of taking it, I watched TXT thinking I had missed the move. My alert in TXT was triggered when TXT broke $7.90 and I thought I was chasing because it exploded and ran up to $8.30 once I realized it. Then, 2 to 3 days later, it gapped up to $15.00!!! Yea, so instead of letting these things get away from me, I decided that I was going to take INSP since I had a price alert setup on it. It was triggered at $6.00, and I am risking approximately 50 cents on it. Price target is around $7.00 to $7.50. As of now I have 100 shares, but will add to the position if it looks like a winner!
The open should be interesting today. We had a nice pullback yesterday, and I think that we'll see the market pop, but then and again you never know!
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