IFO, InfoSonics Corp- A ten bagger joins the database

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

Special offers:
Try Telechart now. First 30 days free
Get 7 days free trial of Trade-ideas

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

404

Recent Articles