3SOF

I hope I'm not to late?
Here for my trifecta with this one.

I sold taking 19 % profit.

Guess is that it will drop near term to close the Gap prior to moving forward.

Who knows.

sorry about that fill the gap, I didn't see your previous post. Good pick!

Here's some info that I gathered on IIJI.


VectorVest Stock Analysis of Internet IntvJ as of 7/8/2005

 
Thank you for requesting an analysis of Internet IntvJ from VectorVest. The ticker symbol for Internet IntvJ is IIJI.  IIJI is traded on the NASDAQ - (xO) and options are available for this stock
 
Analysis Summary
IIJI is overvalued compared to its Price of $9.45 per share, has below average safety, and is currently rated a Hold.
 
In-Depth Analysis
Business: INTERNET INITIATIVE JP -ADR, (IIJI) provides Internet access and related services, leasing lines from telecom companies to provide high-capacity network services in Japan and from Japan to the U.S.
 
Price: IIJI closed on 7/8/2005 at $9.45 per share 
 
Value: Value is a measure of a stock's current worth.  IIJI has a current Value of $0.68 per share. Therefore, it is overvalued compared to its Price of $9.45 per share.  Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge. 
   
RV (Relative Value): RV is an indicator of long-term price appreciation potential. IIJI has an RV of 0.07, which is very poor on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.
   
RS (Relative Safety): RS is an indicator of risk. IIJI has an RS rating of 0.59, which is poor on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.
   
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. IIJI has a Relative Timing rating of 1.09, which is fair on a scale of 0.00 to 2.00.  RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00. 
 
VST (VST-Vector):  VST is the master indicator for ranking every stock in the VectorVest database. IIJI has a VST rating of 0.76, which is poor on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price. 
 
CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. IIJI has a CI rating of 0.00, which is very poor on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks. 
 
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. IIJI has a forecasted Earnings Growth Rate of -6.00%, which VectorVest considers to be very poor. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (8.05%). 
 
Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. IIJI has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets. 
 
Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position.  IIJI has a Stop of $6.93 per share. This is $2.51 below IIJI's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.
 
EPS (Earnings per Share):  EPS stands for leading 12 months Earnings Per Share.  IIJI has a forecasted EPS of $-0.01 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts. 
 
P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings.  IIJI has a P/E of -945.00. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 28.72. P/E is computed daily using the formula: P/E = Price/EPS. 
 
EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. IIJI has an EY of -0.11 percent. This is below the current average of 3.48% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price). 
 
GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. IIJI has a GPE rating of -0.01.  High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 5.25%, the operative GPE ratio is 0.28. Therefore, IIJI may be considered to be overvalued. 
 
DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. IIJI does not pay a dividend. 
 
DY (Dividend Yield): DY reflects earnings per share as a percent of Price. IIJI does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy. 
 
DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. IIJI does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.

 
DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. IIJI does not pay a dividend, so it does not have a Dividend Growth rating . 
 
YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. IIJI does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth. 
 
Open: IIJI opened trading at a price of $8.12 per share on 7/8/2005.
 
High: IIJI traded at a High price of $9.45 per share on 7/8/2005.
 
Low: IIJI traded at a Low price of $8.06 per share on 7/8/2005
 
Close: IIJI closed trading at price $9.45 per share on 7/8/2005. (Close is also called Price in the VectorVest system)
 
Range: Range reflects the difference between the High and Low prices for the day. IIJI traded with a range of $1.39 per share on 7/8/2005. 
 
$Change: IIJI closed up 1.94 from the prior day's closing Price. 
 
%PRC: IIJI's Price changed 25.83% from the prior day's closing price.
 
Volume: IIJI traded 14,597,000 shares on 7/8/2005.
 
AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. IIJI has an AvgVol of 4,608,300 shares traded per day.
 
%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100.  IIJI had a %Vol of 216.75% on 7/8/2005
 
Sales: IIJI has annual sales of $388,000,000
 
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. IIJI has a Sales Growth of -14.00% per year. This is very poor. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations. 
 
Sales Per Share (SPS): IIJI has annual sales of $5.09 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group. 
 
Price to Sales Ratio (P/S): IIJI has a P/S of 1.86. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.
 
Shares: IIJI has 76,000,000 shares of stock outstanding.
 
Market Capitalization: IIJI has a Market Capitalization of $722,000,000. Market Capitalization is calculated by multiplying price times shares outstanding.
 
Industry Group: IIJI has been assigned to the Internet (Svc Provider) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
 
Business Sector: IIJI has been assigned to the Internet Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
 
The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.

This wild runner may run more but I am out at the close for 10% gain. Ok for me.

The reason that I know for IIJI movement is the massive short covering [IIJI was in Barons for the Naked Short Covering of the stock. I am out of Barons subscription so can't post the excrepts of the article]. I still think there may be more upside to it. But I have to sell as I said 'too wild for my taste'. Goodluck to all those who hold.

VectorVest analysis is based on parametric-scan so cant say they take care of all the factors and scenarios.

Is there any way to accurately predict when any particular stock will have a "short squeeze" with massive short covering?  What is the best website to use for such predictions?

Thanks,
Jeff

http://buyins.net/ Has the watch list for naked shorts. I am pretty sure IIJI has been on it for a long while. I also read since it is based in a foreign country it is much easier to short due to existing clearence issues.

The chart shows this as a buy at the open on Monday with a stop at 7.90.
Had a great move on Fri.  The internet is not going away

Magic... The Chart!   

It was a very strong reversal, IMHO.

Ram

IIJ Announces ADS Ratio Change and Stock Split 
Wednesday August 3, 10:00 pm ET

TOKYO--(BUSINESS WIRE)--Aug. 4, 2005--Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI) today announced that its board of directors approved a change in the ratio of its American Depositary Shares ("ADSs") to the shares of common stock of IIJ ("Shares") from 1 ADS = 1 / 2,000 of a Share to 1 ADS = 1 / 400 of a Share and a stock split (1 to 5) of Shares.

The ratio change and stock split will not affect the total number of ADSs in issue and are not expected to affect the ADS trading price on the NASDAQ market, because: (1) the ADS ratio change will be reciprocal to the stock split and (2) the effective date for the ratio change will be the payable date for the stock split.

In connection with the ratio change and stock split, the ADS depositary facility at The Bank of New York will be temporarily closed for deposits of Shares for delivery of American Depositary Receipts ("ADRs") representing the ADSs and withdrawal of Shares upon surrender of ADRs from and including Friday, August 26, 2005, to, and including, the payable date for the stock split, Tuesday, October 11, 2005. The holders of IIJ ADSs will be able to trade its ADSs on the NASDAQ market as usual during the period in which the depositary facility is closed for deposits and withdrawals of Shares.

Summary of the ADS Ratio Change:

1. Outline

    (1) Current ratio:             1 ADS = 1 / 2,000 of a Share
    (2) New ratio:                 1 ADS = 1 / 400 of a Share
    (3) Effective date:            Tuesday,  October 11, 2005 (EST)
    (4) ADS Depositary Bank:       The Bank of New York

Summary of the Stock Split

1. Purpose of the stock split:    To reduce our stock price per
                                   investment unit by means of the
                                   stock split

2. Outline of the stock split:

    (1) Number of additional       The number of Shares outstanding as
    shares to be issued in         of August 31, 2005 multiplied by
    connection with the stock      four (153,440 Shares when estimated
    split:                         based on the number of Shares
                                   outstanding as of August 4, 2005 =
                                   38,360 Shares)

    (2) Method:                    A 1 to 5 stock split will be made
                                   for shareholders of record listed
                                   in the register of shareholders as
                                   of the end of business on
                                   Wednesday, August, 31, 2005

3. Payable date:                  Tuesday, October 11, 2005

4. Dividend calculation           April 1, 2005
    commencement date:

5. Increase in the number of      In accordance with Clause 2,
    authorized shares:             Article 218 of the Commercial Code,
                                   the Articles of Incorporation of
                                   IIJ will be amended as of Tuesday,
                                   October 11, 2005 and the number of
                                   authorized shares will be increased
                                   by 302,080 shares to 377,600
                                   shares.

(Reference)

1. There will be no increase in stated capital in relation to the
    stock split. Stated capital as of August 4, 2005 is 13,765,372
    Yen.

2. The exercise price per share for stock acquisition rights will be
    adjusted to reflect the stock split.

About IIJ

Founded in 1992, Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI) is one of Japan's leading Internet-access and comprehensive network solutions providers. The company has built one of the largest Internet backbone networks in Japan, and between Japan and the United States. IIJ and its group of companies provide total network solutions that mainly cater to high-end corporate customers. The company's services include high-quality systems integration and security services, Internet access, hosting/housing, and content design.

The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results. Readers are referred to the documents furnished by Internet Initiative Japan Inc. with the SEC, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
Contact:

     IIJ Corporate Communications
     +81-3-5259-6310
     [email protected]
     http://www.iij.ad.jp/

Both should be good to go higher    REDF has already broken out to the upside, extremely bullish Indian internet play & I target the mid $20's short term.    IIJI is a Japan internet play that could reach $20's over a little time.

Internet's are back in bull mode with YHOO finally turning bullish & GOOG 'good to go' to $350+, so this sectors heating up.

my thoughts

willey

Looks like with the Nikkie has closed above a new high on Friday.   The chart also looks like it's ready to pop.

Keep on watch.

anyone bought in this one? I am thinking about take small position here.

IIJI

Internet in Japan , affected by the panic sell lost 20%... recovering just begun.