Replies to post #152135 on ORIONS Money Stocks

[beach_trades]

XFN--3 Reasons:

1. Insider Buys

Xfone Inc (XFN) insider Richard Scott buys $752K of stock

Nov 16 RT @RyanNinz Insider Buys: $XFN 2.5m

Nov 15 $XFN Insider Buy: $752K of stock bought by Richard Scott on November 2, 2011

http://marketbrief.com/xfn/4/insider-trading/2011/11/15/9113697?s=st


2. Funded by Government
Why XFN a No Brainer: Funded

Xfone continues the construction of its PRIDE Network in northwestern Texas. This project is almost entirely financed by $63.7 million in funds from the Federal Broadband Stimulus Program, of which 44.2% is in the form of grants and 55.8% is in the form of low cost loans. During the quarter the company began its marketing efforts in several PRIDE Network communities and signed on its first PRIDE Network customer in Littlefield, Texas. Just after the close of the quarter, Xfone signed on its first customer in Burkburnett, Texas another community in the PRIDE Network.

Xfone was also selected to receive an additional $36.2 million in Federal funding that will be used to further expand the PRIDE Network to communities in southern Louisiana, of which 49% is in the form of a grant and 51% is in the form of a low cost loan.



3. Tiny Float

Shares Outstanding5: 21.12M
Float: 13.22M
% Held by Insiders1: 65.81%
% Held by Institutions1: 12.50%


do your own dd but this looks Prime!

And also good earnings report (http://finance.yahoo.com/news/XFONE-Reports-EBITDAS-Growth-bw-1117578709.html?x=0&l=1) and

Book Value Per Share (mrq): 1.00

Look at this 10% Stake taken

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7884051

[ChrisP]

Sure, here you go, here is the link to the insider buy type in xfn

http://insidercow.com/

and here is the link for the acquisition plannned for Dec. 1st... If you read the last paragraph of the customer expansion, you will see it there..

http://finance.yahoo.com/news/XFONE-Reports-EBITDAS-Growth-bw-1117578709.html?x=0&l=1

Looks promising if you ask me, and if you look at the chart from the last acquisition on July 1st, the price was at 1.48... GL