IFO, InfoSonics Corp- A ten bagger joins the database

IFO, InfoSonics Corp- A ten bagger joins the database

June 2, 2006

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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