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REDDIT

Purchased 400k of $INGN

The title says it all, I purchased 400k of $INGN. The thesis is simple, 60% of their market cap in cash with no debt. Trading at .18x Sales to EV. Buy back approved approximately 20% of outstanding shares and steady mid single digit growth.

This is not a growth story, it’s a turnaround story that has been basing for years. Do not except to see a chart that been vertical when looking at this name. We are position prior to the break out. Simply put buying before it’s hot on Wall Street, and will sell it when it’s hot. 3-4x bagger

Not financial advice. Do your own DD