IFO, InfoSonics Corp. is one of the largest distributors of wireless handsets and accessories in the U.S. and Latin America. This stock is up 1049% as of yesterday. It has gone up from 2.63 to 30.33 in a year. It has tripled in less than 6 weeks. The stock has only 6.766 million shares outstanding.
I have followed and traded this stock for last 149 days once it entered my radar due to significant sales/ earning/price appreciation. It appeared in my comments and scans here, here , here , here, here, here, here, here,here,and here.
The meat of the move on this one is over now. It has entered runaway climax territory and is also on the all time high volume scan today.
A good stock with a catalyst will move to its own tune irrespective of the market direction. When stocks enter many of my lists I am open to buying them irrespective of market direction.
Stocks up 50% or more in a month
IFO,Infosonics
IMCO,Impco Technologies Inc
Stocks with all time high volume
Notice the three ETFs on this list. Defensive stocks in healthcare sector are attracting attention.
AOG,Aurora Oil & Gas Corp
BWCF,Bwc Financial Corp
CMBC,Community Bancorp Inc
GDX,Market Vectors Gold Miners ETF
HOM,Home Solutions Of America
IAI,iShares Dow Jones US Broker-Dealers Index Fund ETF
IAU,iShares COMEX Gold Trust ETF
IFO,Infosonics
IXJ,iShares S&P Global Healthcare Sector Index Fund ETF
LECO,Lincoln Electric Hldgs
LORL,Loral Space & Communications Inc
NOTE: To understand these list and philosophy behind them read following posts
The logic behind monitoring all time high volume
Why study stocks making 50% or a move in a month everyday
How I use the stock with extreme volume signal
How I trade momentum stocks
Tops or bottoms- it's a stock pickers market
How to find good stocks
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