3SOF

Great move... new relative high... 

Here we go !

OK ,,, Please excuse me if this is a stupid question for all, but this (some of this) is new to me, and i would like to learn from others sucesses or failures. slc378 posted ( thank you for the research ) some compariable ipos in Japan.  If my math is correct??? They seem to open (compariable companies ) around 40 us dollars. Is that right?? But slc378 seemed to think that their is after that IPO, room for 100 to 150% growth, would that be in the us? I see where  that would happen on the jasdaq,  but  I dont understand why that would happen in the US. HELp  lol. Just on a little quest for wisdom. I think i would like to know how to buy ipo"s first offering in Japan, that is my next research project .    Tony

Check out

http://www.tokyoipo.com/top/iposche/index.php?j_e=E

Scroll down to today date in column 1, look for MTH.1 in col 2, and see stock price and % change in col 8

Actually, if you scroll down to the date 06/23 you will find Internet Initiative Japan
and benenth the name you will see 3774 -MTH-1, no price info is listed, only number of shares to be issued.

$12 price target ?? 

It looks like the 2nd run of the day is starting.  Perhaps to $12 today.

Quote from: agatto2 on June 10, 2005, 12:23:43 PM
OK ,,, Please excuse me if this is a stupid question for all, but this (some of this) is new to me, and i would like to learn from others sucesses or failures. slc378 posted ( thank you for the research ) some compariable ipos in Japan.  If my math is correct??? They seem to open (compariable companies ) around 40 us dollars. Is that right?? But slc378 seemed to think that their is after that IPO, room for 100 to 150% growth, would that be in the us? I see where  that would happen on the jasdaq,  but  I dont understand why that would happen in the US. HELp  lol. Just on a little quest for wisdom. I think i would like to know how to buy ipo"s first offering in Japan, that is my next research project .    Tony

Hi Tony,
IIJ will be listed on TSE's Mothers, not Jasdaq.  I'm not sure I'd sign up to $40 but we can always hope.  If it we to reach that number, it would be after the IPO methinks.  

Once IIJ is open on Mothers, arbitrageurs process will "synchronize" the PPS between the markets -taking advantage of currency fluctuations, market timings, PPS spreads between the two markets.  High demand in one market could lead to cancellation of shares in another market (when they are sold) for repatriation of shares to the home market (when they are sold), and thus, a lower supply in one to satisfy higher demand in another (sorta like buying back shares)...the the arbitrage continues.

Maybe someone else has a simpler way to put it.
Regards,
s

Yes. We have been right all along since the Memorial Day. Also, shorts are running out of shares.

Ram

Thanks slc378 that explains a bit more for me. I have been an hvac engineer for my whole life , so the way the markets distribute shares facinate me its a totally different world. Again thanks for the info. And of course i invested in this stock as well.    Thanks again   Tony

Does anyone know if IIJI gain today was merely shorts covering before the weekend. Is it so that they don't face the risk of another pop before the market opens on Monday?

Wow...what a run!

Quote from: RichL74 on June 10, 2005, 03:51:36 PM
Does anyone know if IIJI gain today was merely shorts covering before the weekend. Is it so that they don't face the risk of another pop before the market opens on Monday?

There were very few short shares available.  Tension builds till the IPO set date, and again at the actual IPO.  Of course, my guess is as good as anyone else's 

"I don't care the stock is up 11% in the pre-market. I expect it to reach at least $12 on the next two weeks." - David Randolph, 5/31/05

The inevitable has already happened, my friend.

Ram

I can't see this trading anywhere in afterhours but Archlipelago Bid 12.00 /Ask 12.00

It's currently at 12.24

Hi David,
When you are planning to exit from this position. Do you think June 13th is too early?
What you suggest to your subscriber's?