On4 Communications Inc (ONCI)

[4gh1rx]

Pass That Ammunition-

Many moving parts at work here. The relocation, the yield sign, the disclosure, the Korean rollout, the share structure reset, the Japanese insurer, the domestic dealerships, the European manufacturers, the NY state truck fleets.

The stock price has been dredging through the bottom of the channel for several months. Now it appears to be creeping up on rising volume. As traders know, the longer the base, the more sustained the rise. A stunning earnings report for the first half with a likelihood of further earnings acceleration, taking most of us by surprise. As Madison Ave likes to say "You are selling the sizzle, not the steak." Well, at that last Q2, where revenues almost quintupled, it appears the steak is on the way out of the kitchen, and its a thick-cut NY Sirloin with a hot baked potato in foil with chives, sour cream and greens. A cold beverage to wash it down on the side. Dessert and coffee to follow.

Thank you upanddown for your analysis. You may be changing your moniker to 'upandUP' soon. I might be changing mine to On4addict! The Bearded One may soon be cleanshaven. As we now know, CEO S. Berman putting a 'HEX' on safe driving applications with his FMS. He's the MAN to watch.
Adding more this week - a no brainer. What's the downside? There is none. We've already been there. We're out of the trench and heading over the top. Stock is on 'roids now.

Enjoy the weekend. Best to you and your family!
-flash6