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IIJI

Started by David Randolph, May 30, 2005, 07:30:45 PM

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David Randolph

The time to sell IIJI comes only next week. Be careful not to lose your position just because you're protecting huge profits. Hope and dream the stock will rise beyond your imagination and sit tight.

But don't turn this speculative venture into an investment, the stock will probably crash down after the enormous rise that I expect in the next few days (but don't spread the word on this).

RichL74

Increased my position this morning. Just to see if I can catch the gap up today. I think many weak short positions out there deciding to cover due to the positive news with Toshiba.

decks

David,

Based on the recent action, have you increased your share price expectations? 

David Randolph


David Randolph

Anybody who sells his stake in IIJI is in danger of losing his position and a big part of the move that is unfolding. No price is a good price to sell before June the 14 th. Hope and dream the stock will rise beyond your imagination.

ramlau

Again, I have to agree with David and Frederick. The stock has proven to be supported by traders and investors very consistently since the Memorial Day weekend. The June and July puts and calls further affirm the uptrend of the stock in the short run.

Longs, congratulations. You have found a real winner.

Ram

David Randolph

Thanks Ramlau.

Today we had another meeting lines candlestick pattern on IIJI which is a bullish continuation pattern. The stock opens gap up and then closes near the previous days close - it was just closing the gap and found support at that zone.

Tomorrow I expect IIJI to open higher and make another relative high above $11. It doesn't make any sense to sell when you have a buy the rumor story like the one that is working on IIJI. Sell the fact, and the fact only becomes a fact when it happens.

tommyt

David,
I don't know their methods (other than it involves volume & price), but stock100.com shows a July 15th target of 20.40.  They might have a shorter term one, but I can't seem to get less than a 30 day forecast. I'm still holding to your exit though. Do you know anything about them?

Thanks.

http://stock100.com/

David Randolph

I don't know them, I've added the website to my favorites. I believe that target price is as valid as any, it's not a good thing to try to predetermine your profits. If you start thinking about $20 and making plans on it perhaps you won't be very happy if you have to sell it at $12 or at $14, altough you've just made an 80% profit or so.

Live on the present. The stock closed @ $10.20.

You have a pleaseant afternoon  :)

Stock_Finder

100stock.com doesn't give any realistic forecast.
I think it's a computer generated forecast based on price movement and volume.
I wouldn't rely on that a bit.
Good luck all.

The Bad Guy


great website  :o

love this IIJI pick, will donate when I sell
The Bad Guy

tommyt

Thanks Stock Finder.  It's a very strange site, no about us, log in. I was trying to find out how they did their calcucations. Very Strange.

RichL74

So I was not paying attention today and I had a stop @ 10. Stupid me! I'm such a chicken shit. Oh well, I'll be back in during pre-market hours. I hate waking up 4:30 AM (PST), but if I can get back in without much of a gap, I'll be ecstatic.

The fluctuation in this stock scares the crap out of me. Much like last Friday's 10% drop to close out the week. That would be a tough one to withstand.

Anyways, I should trust my instincts more often. I feel confident about IIJI. Especially when the company can post good numbers and the looming offering in Japan should provide the surge in demand.

Good luck everybody..

talonz

Today looked pretty solid after 11:00 am.  I think we'll form a base here, good resistance at 9.50.  I'm looking forward to more good news before the 14th to raise pps, good for us, good for them.

toros

when you put 6 zeros, every figure become in billions...comma (,) is used in other countries to separate, not (.) period like US...