Brexit - Situational awareness.

Okay, so the last few days have been brutal.  That said, I'm not overly concerned this market is still range bound  on the big picture and I don't see a crash occurring  Triple top above a double bottom.   That should tell us to manage our risk appropriately and not expect the big trade at some point the market will pick a direction. 

% of stocks above 50 Avg. -- not  quite to extreme levels yet, but very close.  A gap down is a buy signal.

PowerPlay BOSC

BOSC made a power move on enormous volume--higest ever-- on news that:

• 8.1 Mill in Revenues grew by 38% over the comparable quarter last year.
• Net profit amounted to $220,000 as compared to a net loss of $23,000 in the comparable period last year.
• Net profit, on a NON GAAP basis, amounted to $314,000 as compared to a net profit of $33,000 in the comparable period last year.
• EBITDA amounted to $413,000 as compared to $192,000 in the comparable period last year.

The stock responded in a big way making a Day 1 move from 2.50 to 4.70s.  Day 2 brought the fade which has halted, perhaps into a trading range. 

I want to find out if this has super stock potential.

Revenue History: 
The 8.1 Million in revenue is huge for this company as it is highest qtr in the companies' recent, if not all time, history.

But a one time revenue pop that is not sustainable does little to lift share prices.

Beginning of this year, the company completed two acquisitions  "IDnext" and "Next-Line acquisition, which is scheduled to January 1, 2016.

BOSC has had increased margins,   
Further growth is expected to come from far east. 
EBITA has shown a nice progression increasing from every quarter--- not just comparable. 

Conservative management, emphasis on profitability and paying down debt,