Charts on Near Term Uotrends Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Charts on Near Term Uotrends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jibacoa who wrote (1007)	10/12/2007 3:28:37 PM
From: Jibacoa	Read Replies (1) of 1404

IFON started its current fiscal Yr. with the wrong foot & has reported 2 consecutive Qs of losses vs. previous + earnings & in the last Q its revenues were also flat.But in spite of that, it announced yesterday that it has been named to Deloitte's Technology Fast 50 Program for San Diego.<g> That's a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by De.T. (Rankings are based on the % revenue growth over 5 Yrs.from 2002-2006.) The stock was up 68% at its intraday H & it is still up 40% bigcharts.marketwatch.com IFON was trading around 0.85xBV, with + CF, no significant LTD & the insiders reportedly hold around 40%. The short position was around 4x its ADV having increased 14% in the last month. With today's spike, the stock closed its Aug10 DG & most of its May 10 DG, but it didn't get to test its resistance at the $4 level. The stock has shown good support at the $2.25 level. It seems OK to add IFON to a WL & wait for further developments, to see if it can repeat its previous June 2005 to July 2006 run.<g> bigcharts.marketwatch.com Bernard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next