BLUE SKY BREAKOUT

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SEEKING ALPHA: InfoSonics Is Attractive After The Extreme Negative Swing In Sentiment

IFON


The successful transition from distribution to branded products almost tripled the gross margin.
This margin expansion, along with a doubling of unit shipments and two restructurings enabled the company to return to profitability for the first time since 2009.
The continued expansion beyond the core Latin American market and refreshed phone line up should drive the next growth phase.
A new bank line of credit and access to vendor credit should remove previous capital constraints that prevented growth from reaching its full potential.
The CEO owns 30% of the company, which explains the multiple shareholder value-maximizing actions taken over the past two years.

http://seekingalpha.com/author/john-leonard-cfa/articles/symbol/ifon