$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 - http://investorshub.advfn.com/XG-Technology-Inc-XGTI-26912/s

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!!!