3SOF

Hi David,

I came across your site , and your name is famously mentioned in YAHOO Finance Message Board. I am just confused about the keydates flying here and there.

The IPO in Japan will commence on the 23rd, but hence what is the significance of the 14th of July key date?

From Singapore

Hi Im Tony not Dave,

     I think i know the answer to your question though. The price that the ipo will be offered at will be, the average price bettween the 14th and the 16th of June ( according to the company) . Thats as far as i can figure, and their is a link in the topic that verifies that somewhere? But if thats wrong some one will correct please.   

Quote: If two of use always have the same opion ----- one of us is not needed.

Everyone is focused on the short term results of the IPO, which is fine (and I think lucrative), but I recommend looking beyond the IPO (weeks and months, not years.

Take a look at IIJ itself...its products and services, its relationship to other corporations...look at the pan-Asia picture.

The recent run to its current Price may only be HALF of the story.
Regards,

I see some people falling in love for IIJI. I urge not to do that. Stocks are to be bought and sold, not loved. Remember IIJI almost quadrupled in less than a month. This is pure speculation and stock manipulation.

Altough I believe the above statements are true, I'm not selling yet. I will sell during the 14-16 th of June period without a doubt, when some upward spike occurs or something. Of course I'll let you know in this board.

From the next Tuesday to Thursday the average IIJI stock price will dictate the price set for the IPO in the Mother's Stock Exchange in Japan (not the Jasdaq? Ok, thanks). Insiders and current shareholders want the price to be set as high as possible because the higher the price the higher the benefit for the company. Japanese investors will pay whatever is necessary, the crowd doesn't even know what they're buying or at what price. Manipulators just need to put the price up there, and they're getting help from speculators like us.

After the 16 th of June no more effort is needed to keep the price up and the stock will tumble. Perhaps not much, because there will be some people still waiting to see if the second listing in Japan brings the usual success (as slc378 wrote - thanks). I don't know if that rumor will gain traction, but I'm not paying to see. As I've wrote before, we can't compare the success of other IPO's in Japan with this one ... this stock already went up 300%, will it go up another 100 or 150% after the IPO in Japan? I don't think that's credible, remember the other IPO's were set at a big discount and that's not the case with IIJI ... but that thinking only helps, please don't spread the word on my analysis, the more people believe IIJI will move a lot higher after the second listing in Japan, the better for us. Spread that word if you please, not mine (and I hope they're right, since I won't short the stock I would like to see it continue higher for as much as possible, so everyone could profit - but unfortunately that's not the way the stock market works).

$12 we've made in less than two weeks time. But there's no use in counting profits before they're actually in our account balance. And there's no use in cutting the possibility for these profits to grow more. So I'm not selling IIJI tomorrow, not yet.

Hi David,

Is it impossible to reach the 20$ per share barrier? Will the 12.xx $ high reached previous on the year 2003 will only be the highest peak this coming week ahead?

http://finance.yahoo.com/q/hp?s=IIJI&a=06&b=1&c=2003&d=06&e=31&f=2003&g=d

From Singapore

Nothing is impossible in the stock market. I'm expecting a big advance tomorrow and I know now exactly when to sell, but I don't know at what price. I'll tell you when to sell, considering my analysis of the stock.

Have a nice day in Singapore 

Short term is probably in your perspective, but is it not advissable to keep hanging with this instrument?

Can this IIJI performed like the GOOG ? GOOG last IPO was just less than $100, and currently it's almost reaching a three fold price.

Once again , thanks for your insights. Have a nice time also!

From Singapore
(currently in Taipei)

Think David said he wasn't willing to pay to find that out, we have already made a substantial profit.

IIJI advanced to $12 after hours and I expect a gap up open Monday for sure. I said ages ago that sometime stocks have 'memories' and return / advance to where they've been before. So for those that like targets lets see if IIJI tackles $14.10 today (3 years ago last run-up with huge momentum/volume).
Mike

David,  is this the week we see the high.  I know the price rising is great but this smells of price manipulation so they can get price up this level we are at right now for the IPO.
Those buying at this level sure are taking a lot risk and will probably end up holding the bag if they are not quick on the trigger.  I've that it always eisier to sell on the way up, because one the price start to fall buyers are gone..It been a great ride but I like what you said before "Do not fall in love with any stock"  .   I've also heard another one "pigs get slaughter"   .
Great site by the way, lots of great information.
One last question,  wouldn't you this consider selling into a spike like today and maybe tomorrow and then going short.  All stocks pull back and maybe after a good pullback we can get back in and ride it back up again.

Thanks for your post chepe. I know exactly when to sell IIJI and it's not today.

Today the rumor that is working is that insiders and current core shareholders will push the stock higher during the price setting period for the second listing in Japan (14-16th June).

When I sell this stock I don't want to ear about it for months, possibly years. I ain't going to buy on a pullback, I believe after this speculative venture the stock will be dead and falling for months.

Just my humble opinion. Thanks for your compliments on 3 Stocks !

Are you selling this week ?  I think I read that from you before.
This is extremely overbought, this is one place i definately would not be buying.
There are five gaps that will most likely get filled in the next few months and maybe next couple of weeks.  Boy, when support/manipulation stops  this thing is going to fall hard.

I'm selling this week, but not today. Today we have a powerful rumor working: «insiders and core shareholders will push prices as high as possible during the 14-16th June period».

Thanks David,  One thing I will be doing this week is buying as many puts as i can afford.
Seems to me after this week it will be like taking candy from a baby.
This is pure manipulation and rumors of course.. but please guys don't get got holding the bag.  I know David won't.   I rather miss a few cents from the top than not being able to sell on the way down and settle for dollars lowers.
I've been there before. it was pure greed on my part, hard lesson to learn.

out @ $12.61....not quite a double but since i got in at $7.22 i'm smiling. thanks dave