INOD

Its not often I venture into the low priced stock arena. Odds are you do not find your biggest winners when below 15 dollars. However, there are some exceptions to the rules.

Here is the business summary of the Company from Yahoo Finance:

Innodata Isogen, Inc. provides content-related business process outsourcing services and information technology professional services in North America, Europe, and Asia. Its business process outsourcing services include fabrication services for digitization, imaging, data conversion and composition, XML and other mark-ups, translation, and localization; and knowledge services, including content creation and enhancement, taxonomy and controlled vocabulary development, hyper linking, indexing, abstracting, technical writing and editing, and copyediting, as well as general editorial services, including the provision of synopses and annotations. The company's information technology professional services consist of consulting; systems integration, which includes the integration of authoring tools, content and knowledge management systems, and composition tools into an information technology infrastructure, as well as includes the development of software; custom application development; and other services, including applications maintenance, support, evaluation, implementation, and training. It serves publishing, media, and information services; defense and aerospace; government and regulation; and education and culture industries. The company was founded in 1988 and is headquartered in Hackensack, New Jersey.

Although the company isn't in one of the IBD top 40 Industry groups, any thing Internet gets my attention. What really got my attention was QoQ Revenue was up over 70%. Now, its 3 year numbers are dismal but, current numbers are looking higher.

Let's take a look at the weekly chart.

Notice the new closing 52 week high, especially on volume. I would not play this with a lot of cash but more of a trade. My cut loss area is the 21 day moving average.

Always trade with a plan, know your risk...know your entries and exits.

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