Before I get into this morning’s edition, I wanted to take a minute and say thanks to all of you SCN Members who have sent us your feedback lately. I say that on behalf of everyone here. We really appreciate all of it and do take the time to read every single one. It’s very insightful and your compliments have been humbling… so a BIG thank you! Guess we have to continue to step up our game. No pressure, ha. Moving right along... we're starting to see a little bit of volatility once again as the markets traded off this morning. However, as I type, it's making an effort to erase those gains which has pretty much been the theme of late. There's really no clear sign or technical indicator that this market wants to go the other way just yet. Retail numbers missed estimates this morning and there's some chatter regarding a delay in the housing rebound. Speaking of housing, I read an interesting article this morning talking about how the Federal Housing Administration will exhaust its reserves over the coming year, according to budget projections released Monday, which would require a Treasury infusion for the first time in its 78-year history. Wow. We are living in different times no doubt. Check out the article if you want to scratch your head as well. So the monetary policy sagas at home continue. It doesn't appear the market cares much... yet. I mentioned in Thursday's newsletter that Apple (AAPL) was making a parabolic move up due to its breakout above a significant consolidation period. Well, it didn't disappoint as the darling stock of the World ripped through the $500 price level for the first time in its trading history. The Company and its investors deserve it. I'm a huge Apple fan... of the Company, not the stock anymore though. If you're running out to buy this stock, I think you're nuts. If you didn't buy it at $100, $200, $300 or even $400, what on earth are you doing buying it at $500 for?? Because you think it's going to $600? Good luck. I just think the risk reward here is too high. Remember when Yahoo! could do no wrong? Then Google came along. You get my point. Email me and gloat when I'm wrong. Magic Jack and the Bean Stock We initiated coverage and put out a trading alert on magicJack VocalTec Ltd. (CALL) about a month ago at $14 and change. The stock took off testing its all-time high of $20 bucks back on the 31st of January. Not a bad run. It appears the Company is growing like a weed due to its newly launched magicJack Plus as well as its downloadable Iphone app, which works well by the way. When I was in Thailand at the beginning of the year, I made calls back to the U.S. for FREE and the quality was surprisingly good. You might be asking yourself, if its free, then how are they making money? Off their Iphone app, they're likely not yet but their new product is the revenue reaper right now and I suspect they are continuing to add more and more market share every day. The Company did $122M in revenue for the trailing twelve months, has no debt and roughly $35M cash in hand. That's the kind of financial landscape I like to see for a small cap. So, where does it go from here? I've included a daily chart of CALL for your review here. I bring up the stock today because there may be more upside in the works. Let me explain why... when the stock ran up to $20, it reversed all of those gains the next day. Not a good sign. However, the stock has since been trying to get back those losses and move into new high territory. With its thrusting action of late, my educated guess is if it can test that $20 high with some convincing volume, this thing could go nuts. Time will tell but I wanted to make sure and bring it to your attention in case you want to pick up the stock or play some options to the long side once again. SCN Contributors and Members have been pretty active in CALL's Stock HQ at our site. Check it out and see what others are saying about the Company and its stock here. MFON Growing in Stealth Fashion This morning, CommerceTel (MFON) announced another hint that the Company is growing faster than ever before. The Company announced that its mobile marketing technology is being used by local advertisers in more than 3,000 locations nationwide. CEO Dennis Becker is quoted as saying, "We are extremely excited to deploy our technologies in over 3,000 of our customers' locations. It demonstrates our value proposition and ability to quickly sign and activate new customers. In the past three months alone, we have successfully activated over 325 new clients with a combined 746 locations across the country. With over 560,000 retail restaurant and foodservice locations in the U.S. alone, we have significant greenfield opportunities ahead." Here's a link to the PR in its entirety. If you've been staying on top of our newsletter, you'll know we figured out one of their wholly owned subs, Txtstation, was supporting the NFL's Super Bowl mobile advertising. The Company recently signed Sonics as well as a major multinational oil and gas corporation plans to roll out mobile marketing services across 10,000 retail food and gas locations in the U.S. The first deployment is expected to begin in February 2012 with a distributor operating more than 700 locations. The stock continues to trade anywhere from $1 to $1.35 but I suspect the investing masses are starting to find out about this one. The volume on the daily chart is starting to finally pick up nicely and that wash and rinse move on the daily chart here in early February might just be what the doctor ordered. You can see the volume now is increasing and since there doesn't appear to be a ton of stock out there on MFON, it could easily move higher in the blink of an eye. I hope to say I told you so on this one soon because I really am not fond of egg on my face. A FROG and His Princess In case you missed it, FrogAds, Inc. (FROG) announced yesterday the engagement of Pamela Anderson as the new spokesperson for its celebrity hosted Video News Release campaign. Pamela Anderson said of her new relationship with FrogAds.com, "I'm looking forward to working with FrogAds.com to enhance its brand awareness." Pamela Anderson engaged? Nice work FROG. On the heels of that announcement, the Company came out this morning that it has surpassed the 50,000th mark on Alexa's global internet traffic during the week of February 5, 2012.  Now, with a seven day average global ranking of 52,745, FrogAds and Pamela Anderson are, together, generating more and more interest on the Internet. To their site. The stock took out a new low on February 9th and has since been consolidating. If you're going to play FROG, now would likely be a decent time because you could set a stop at the low and see if it can continue its momentum of late. It's a speculative play but we've all seen what FROG is capable of if it can get some legs (errr... no pun intended). Remind me to tell you a story about Pamela here in San Diego sometime. Pretty funny actually. Dexcom Gets on Stage Dexcom, Inc. (DXCM) today announced that it plans to release its fourth quarter and full year 2011 financial results after market close on Thursday, February 23, 2012. Management will hold a conference call to review the company's fourth quarter and full year financial performance starting at 4:30 p.m. (Eastern Time) on the same day. The conference call will be concurrently webcast. The link to the webcast will be available on the Dexcom, Inc. website, under the investor relations, events and webcast section, and will be archived for future reference. This call should be interesting as the stock backs off from its 200 day moving average which we called perfectly about a week or so ago. The best thing this stock could do is continue to pull back going into earnings, then there might be a long play there. Rite Aid Refinancing Reveals Position of Strength Rite Aid today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding $459.0 million aggregate principal amount of 8.625% Senior Notes due 2015 (the "Notes"). That's not something we see in the small cap world every day so kudos to RAD. The market likes it too which was good timing because the stock was backing off up until today and now appears there may be more room to run here. RAD continues to move nicely for us and we don't see any reason to jump ship at this point. I think there's still more upside here but make sure to employ trailing stops along the way. Before I let you go today, we wanted to answer a few questions we've gotten in our inbox of late... If you want to share any one of our newsletters with someone, we have a full archive section of our newsletters online located here: http://www.smallcapnetwork.com/Newsletter-Archives/s/article/p/mid/7/ and each newsletter has its own link which you can copy and paste. Lastly, someone asked us where to find info on a Company on our site. Well, at first I laughed then I thought to myself maybe it's not that obvious? Fair enough. Go to the top of our homepage and you'll see a graphic there titled "Stock HQ", enter a company name or ticker symbol to the right of that and off you go. Pretty simple. We welcome your participation at the site. That's what the SCN Community is all about. Have a great rest of the day and a very Happy Valentine's Day to you and your families.