Monday, July 22, 2013

$XGTI has potential to double !!!

We rarely find stocks that move quickly once they are explored by the market. I try to find the momentum before it happens...$CIMT, $TRT, $XRSC, $LPTH, $BEAT and many others proved so far. I have found another stock with huge upside in coming sessions...and that is XG Technology, XGTI which IPO'd 1 million shares (float) at $5.50/share. This is in a sexy area, patented cognitive radio technologies, where there is lack of competition..

What is cognitive radio technology?  A cognitive radio is an intelligent radio that can be programmed and configured dynamically. Its' transceiver is designed to use the best wireless channels in its vicinity. Such a radio automatically detects available channels in wireless spectrum, then accordingly changes its transmission or reception parameters to allow more concurrent wireless communications in a given spectrum band at one location. This process is a form of dynamic spectrum management.

Why buy?
  1. Lack of competition
  2. More than $100 m worth of orders in pipeline
  3. Demand vs Capacity - Global Mobile Data traffic will increase 18 times from 2011 to 2016, 50% CAGR by 2018
  4. Click here to read their presentation
  5. xG Technology logs orders, projects Q2 product delivery - Click here for more info
  6. How XG helps resolve wireless spectrum issues - Click here
  7. Other industry related news - Can the Wireless Industry Change Its Mindset Before It's Too Late? - Click here
This is going to be a life time opportunity to be invested in a company like XGTI which is in hot sector with monster growth ahead...1 million shares float is what I love more than anything about this stock LOL!

Some stats:
Shares o/s (post-offering): 10.7M
Float: ~1.3M
Warrants: ~670k
Backlog: ~$35M
Pipeline:  >$100M
US Patents:  64 (44 issued, 20 pending)
Foreign Patents:  142 (66 issued, 76 pending)

Some more information from investorhub about XGTI -

Disclaimer: I am long at $5.58

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!


  1. You are about to be down a stick.

  2. A good read.

    xG Technology Inc : xG TECHNOLOGY COMPLETES PRODUCTION RUN OF xMAX COGNITVE RADIO NETWORKING EQUIPMENT ( good reads: XGTI very volatile. But can run up quick again)

  3. Is this this still a good buy?

  4. "Is this still a good buy?" LOL!!


Who is Mr.Incredible?

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Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!