IIP

[la-onda]

sold some of my shares @ 1.04 

70% still holding 

[AussieTrader]

I missed the original enty for IIP, so have just been watching. That's a sharp sell off but people taking profit on such a quick run is understandable. Also $1 is such a pysch level that a 2nd stab at it after some consolidation will add further fuel to any sustained rally. The averages and support needs to play catch up. I'll keep watching and perhaps consider entry around the 9ema (currently $0.82) as this has been the backbone since the original breakout from basing in Feb.

[Ramsburg]

I missed the original enty for IIP, so have just been watching. That's a sharp sell off but people taking profit on such a quick run is understandable. Also $1 is such a pysch level that a 2nd stab at it after some consolidation will add further fuel to any sustained rally. The averages and support needs to play catch up. I'll keep watching and perhaps consider entry around the 9ema (currently $0.82) as this has been the backbone since the original breakout from basing in Feb.

It seems like a solid plan for me Aussie

[eliteG]

Exactly toky  This is an insanely bullish chart!  I was considering placing a target sell of 1.20.. but I looked at the long-term chart and it seems that would be cutting ourselves short.    Thx for the link 

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update IIP:

A powerful Monday move to start the week!.. and with over 15Million traded!  I think its a good idea to maintain our previous stop at this time, I would like to give room for IIP to develop(and show me its support) although I am interested to see if it can hold 0.85.

update IIP:

So after spending a brief moment above $1(where la-onda made a nice partial sell) IIP has retraced back to .88.  The chart still looks very strong so I feel safe moving the stop on close higher    Notice the support at the thin blue line 

We will sell IIP if it closes below .74.

[eliteG]

update IIP:

We got a nice bounce on Friday but volume did not come in as strong as I would have liked.. so support not completely confirmed to me.. I will be generous with the sell setting but continue to move them higher.  If this play really gets going we can use the magenta line like on the NVAX trade. 

We will sell IIP if it is set to close under .78, otherwise hold.

[Lucas Scott]

The chart has set up a perfect swing trader exit. I don't think IIP has the momentum to hit $1 again just yet so I'm a seller at the open tomorrow (hopefully I can get .95), and then will re-enter at .80 or the 20 ema, whichever comes first (as long as the chart confirms a good reentry).

[tokyopua]

News out on IIP, doesnt seem to be boosting the stock presently, though the buzz on the Yahoo MBs is that this is 3 months early and should be good for the stock.

http://biz.yahoo.com/bw/060328/20060328005630.html?.v=1

[eliteG]

update IIP:

IIP has been holding steady.   Volume came up today and the thin blue line I drew gave support  ..again.  Moving averages are catching up.. IIP should be ready to move again soon.  Trading plan remains the same.

[eliteG]

update IIP:

Just an updated chart.  Plan is the same, just a wording change. 

We will hold IIP unless it closes below .78.

[eliteG]

update IIP:

I have to love IIP.. its paid attention to every single line I've drawn on my charts.. even the highly speculative ones!  Superb bounce off the intersection of 4 TA lines in the chart.    High volume breakout.. lets keep it moving!

We will hold IIP unless it closes below .84.

[eliteG]

update IIP:

A strong confirmation of breakout with heavy volume.  Got to move the stop higher.  We will look to sell much higher or if the stock decided to show us weakness or a climax move. 

We will hold IIP unless it closes below .90.

[Amarens]

update IIP:

I have to love IIP.. its paid attention to every single line I've drawn on my charts.. even the highly speculative ones!  Superb bounce off the intersection of 4 TA lines in the chart.    High volume breakout.. lets keep it moving!

Elite, draw some more lines...up 

Great pick. Happy I got in. Little later and a bit higher than the 3SOF b/c I wanted to do my research. Still a nice profit already to make me happy.

Amarens

[eliteG]

update IIP:

I have to love IIP.. its paid attention to every single line I've drawn on my charts.. even the highly speculative ones! Superb bounce off the intersection of 4 TA lines in the chart. High volume breakout.. lets keep it moving!

Elite, draw some more lines...up

Great pick. Happy I got in. Little later and a bit higher than the 3SOF b/c I wanted to do my research. Still a nice profit already to make me happy.

Amarens

Ask and ye shall recieve  .. more lines comin up 

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update IIP:

A gap open that filled, bounced and closed back up at the gap.. that shows strength and support nearby as volume was heavy again for the third day in a row.  Our stop moves up accordingly.

We will hold IIP unless it closes below .94.

[la-onda]

 IIP: Merriman Starts @ Buy; Analyst Notes
Thursday , April 06, 2006 08:05 ET
Issuer: InterNAP Network Services Corporation (AMEX: IIP)
Analyst Firm:  Merriman Curhan Ford & Co.
Ratings Action: INITIATE
Current Rating: Buy
Analyst Comments: According to the firm, IIP trades at 1.7x 2006E EV/sales vs. the comparable mean of 3.3x. They believe the discount is primarily because of Internap's recent past, which included lackluster growth even though its position in the Internet infrastructure space seemed strong. They believe this discount offers an entry point since 2006 should be the beginning of robust overall growth. Using a blended average valuation of DCF and NPV, they believe the stock is worth closer to $1.65.

[dhiraj19]

It is trading @1.09. What are the support lines and bailout prices?
- Dhiraj