Charts give an interesting perspective. One thing it shows is that the market needs to cooperate so that the "good" boats can float back to the top. It also clearly shows that even at a "relatively" low share price infospace still trades at a premium (which is a good thing) Obviously higher valuations mean risk but it also means there are investors out there (and a lot of them) that believe infospace has something to offer. Why has infospace fallen? Because any stock with a high valuation in this market is vulnerable. The trick is to pick the ones that'll recover. Look at business model, management.
Too difficult to predict price short term. IHO there are numerous catalysts that could permanently reverse the current trend. Some have to do with Infospace and some with the general market. I just hope the Naz is cooperating before we come out with earnings. Honestly, the Naz could tank and we could see teens despite good earnings (very unlikely) or Yahoo reports good, internets rally, a short squeeze, Naz has a sustained rally, merger's completed, there's a run-up before earnings, we report even better than the whisper, upgrades, Jain announces a huge partner in Europe, more upgrades, telecom all of a sudden is back in fashion, people start shopping for Christmas early and see all the neat wireless internet devices...let's say 35-37 by earnings, 65-70 by Christmas and 110- a new time high by March :)
I think INSP will beat earning projections but its price will be dependent on where the Nasdaq will be..... If Nasdaq is trading at this level INSP $23 to $26. If Nasdaq tanks substantially lower their is a good possibility that we will trade from $18 to $21. If Nasdaq is above 3500 we could be trading at $27 to $30. My current average price is $37 so anything up from here is a godsend. Nice movement in BVSN today. Lets hope INSP does the same soon.