kingrichards
05-11-2009, 07:19 AM
My new big pick is OMCY.
Make sure you add OMCY to your watch list and because the breakout just happened on Friday and catching it early like this could prove to be lucrative.
Charting is not an exact science but if you study the OMCY chart closely you will see that the volume has picked up over the last few days as the stock approached a new 52wk high.
View the Technical OMCY chart here: http://img6.imageshack.us/img6/1941/omcychart.jpg (http://rs6.net/tn.jsp?et=1102576480475&s=50267&e=001fw9lBJP7Nh0Tsm4RiHe3u0bhwyYmDOxb8U_p4hh9YBDQS OM_HFfleuuCGV5Gvacdrqb4l9L0Y89K_zV8nBKlyP26rJvACjC hkJcDMytRf0MtVJyp77Rla7yxTvl6kLw7I9BtECY7QlbbyjS4w l2EX0wk7Cg-q8SQ)
Right now you're probably reading my email on a computer connected to the Internet. Unfortunately many people are not this lucky. There are rural areas on the country where Internet access is still very limited and the only way to reach these people is with wireless Internet.
In just a few years OMCY has grown to be the largest Wireless Internet Provider in the Midwest!!!
I believe with the speed that OMCY is growing at, it's very likely OMCY will become a buyout candidate in the future. This mean current shareholders will most likely be bought out at a premium.
If you quickly scan over some of the recent headlines from OMCY you can see that the company has been signing contracts and acquiring other companies at a furious pace.
Omnicity Enters Into Fiber Optic Construction Deal With Lebanon Utilities
Omnicity Inks Multi-county Growth Deal With Swayzee
Omnicity Partners With Its First Rural Telephone Company -- Craigville Telco
Omnicity Acquires Forepoint Networks
Omnicity Acquires Cue Connex to Move Into Rural Municipality Market
OMCY currently provides Internet service to roughly 6,000 subscribers and plans to expand into 100 additional small and rural markets over the next 18 months.
Due to the fact that most of their service is provided wirelessly OMCY can quickly expand, and scale their business with minimal cost.
OMCY recently signed a contract with Swayzee Telephone Inc.
OMCY will connect into the Swayzee Telephone fiber optic network to provide additional connectivity to its existing 17,000 square mile wireless network delivering broadband services over a WiMax wireless network into more unserved and underserved areas of rural Indiana. Greg Jarman, COO of Omnicity said, ``We see this as an excellent opportunity for Omnicity to increase network coverage, speeds and services to customers throughout the region.
This is just one of many contracts OMCY has signed in the last few months.
In March of this year President Obama signed a $7.2 billion rural broadband stimulus program into action. The program will provide grants and funding to expand the Internet in rural areas. OMCY is firmly positioned to take advantage of this program.
With an estimated 40 Million households with inadequate high speed Internet access OMCY has lots of room to grow.
Put OMCY on your watch list, because I believe the rally has just started!!
Make sure you add OMCY to your watch list and because the breakout just happened on Friday and catching it early like this could prove to be lucrative.
Charting is not an exact science but if you study the OMCY chart closely you will see that the volume has picked up over the last few days as the stock approached a new 52wk high.
View the Technical OMCY chart here: http://img6.imageshack.us/img6/1941/omcychart.jpg (http://rs6.net/tn.jsp?et=1102576480475&s=50267&e=001fw9lBJP7Nh0Tsm4RiHe3u0bhwyYmDOxb8U_p4hh9YBDQS OM_HFfleuuCGV5Gvacdrqb4l9L0Y89K_zV8nBKlyP26rJvACjC hkJcDMytRf0MtVJyp77Rla7yxTvl6kLw7I9BtECY7QlbbyjS4w l2EX0wk7Cg-q8SQ)
Right now you're probably reading my email on a computer connected to the Internet. Unfortunately many people are not this lucky. There are rural areas on the country where Internet access is still very limited and the only way to reach these people is with wireless Internet.
In just a few years OMCY has grown to be the largest Wireless Internet Provider in the Midwest!!!
I believe with the speed that OMCY is growing at, it's very likely OMCY will become a buyout candidate in the future. This mean current shareholders will most likely be bought out at a premium.
If you quickly scan over some of the recent headlines from OMCY you can see that the company has been signing contracts and acquiring other companies at a furious pace.
Omnicity Enters Into Fiber Optic Construction Deal With Lebanon Utilities
Omnicity Inks Multi-county Growth Deal With Swayzee
Omnicity Partners With Its First Rural Telephone Company -- Craigville Telco
Omnicity Acquires Forepoint Networks
Omnicity Acquires Cue Connex to Move Into Rural Municipality Market
OMCY currently provides Internet service to roughly 6,000 subscribers and plans to expand into 100 additional small and rural markets over the next 18 months.
Due to the fact that most of their service is provided wirelessly OMCY can quickly expand, and scale their business with minimal cost.
OMCY recently signed a contract with Swayzee Telephone Inc.
OMCY will connect into the Swayzee Telephone fiber optic network to provide additional connectivity to its existing 17,000 square mile wireless network delivering broadband services over a WiMax wireless network into more unserved and underserved areas of rural Indiana. Greg Jarman, COO of Omnicity said, ``We see this as an excellent opportunity for Omnicity to increase network coverage, speeds and services to customers throughout the region.
This is just one of many contracts OMCY has signed in the last few months.
In March of this year President Obama signed a $7.2 billion rural broadband stimulus program into action. The program will provide grants and funding to expand the Internet in rural areas. OMCY is firmly positioned to take advantage of this program.
With an estimated 40 Million households with inadequate high speed Internet access OMCY has lots of room to grow.
Put OMCY on your watch list, because I believe the rally has just started!!