IIJI

[la-onda]

6% discount off the $13.90 closing price =$13.07

[David Randolph]

Sold IIJI @ $12.90 in the pre-market. The company surprised the market fixing the IPO price in Japan yesterday night. There's no motive to hold this stock now. I got a 100% profit, couldn't quite sell at the high because of this surprise news from the company (sordid news, pretty slick manipulators those guys at IIJI).

Have a nice day !

[AussieTrader]

Same here out in pre market, sell the news.
Great trade and a super lesson in letting the winners run.
Mike

[tommyt]

I'm out @ 12.85

[David Randolph]

It's unbelievable how the company has set the rules for the price fixing and then changed the rules at the last minute: IIJ Announces Determination of Offer Price for Shares Offered in Public Offering in Japan

This way they don't have to hold the price over the next 3 days. I expect a big fall on IIJI. But what am I doing? I just got a 100% profit in this stock, I don't want to talk or ear about her in a very long time ... kiss IIJI goodbye 

[atalltexan]

Thanks for your direction on this one David.  I am out as well, and worked out to about 80% gain.  Donation on the way !

[David Randolph]

Thanks a lot atalltexan, I'm just working on 3 Stocks on Fire and trading now, those donations really help us going. We won't forget the people who are supporting us now in future developments of 3 Stocks on Fire !

Have a nice day 

[Pirus]

Out at 12.73. Thanks guys for all your input.
this was ------- fun!!!

[la-onda]

out @ 12.6$

thanks Dave

(forget my mail)

[ramlau]

Sold at open and re-entered within a small gap. It's looking better than I thought.

Ram

[tintin]

Sold at open and re-entered within a small gap. It's looking better than I thought.

Ram

Too bad i didnt buy any of it last week . I'm too late.

[chepe]

The IPO price is not $13.90 - 6%    It comes to be $6.7  , people are not doing their math right.

[chepe]

Symbol Japanese Yen Exchange
Rate U.S. Dollar Bid Ask
JPYUSD=X 2859886 Jun 14 0.009163 26,203.829308 0.009163 0.009165

$ 26,203.82 is what I got.  / 3900 = $6.71

David is right, take your profits now, I did. (12.90)
When people realize the right math, there will be blood in the streets.

[drexler]

if you already sold, then why are you trying to scare people on the yahoo board?

[thunderblues]

Sold IIJI @ $12.90 in the pre-market. The company surprised the market fixing the IPO price in Japan yesterday night. There's no motive to hold this stock now. I got a 100% profit, couldn't quite sell at the high because of this surprise news from the company (sordid news, pretty slick manipulators those guys at IIJI).

Have a nice day !

Hey David, I placed an order to sell 15 min before the market opened & sold @ 12.98. You got 12.90? How does this work? first come, first served when the market opens?  Dan