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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Saturday, May 14, 2005

** Beanie Alert ** -------- IIJI

Remember that from now on when i used '** Beanie Alert **' , it means i highly recommend it and strongly believe that the stock price will appreciate significantly in the days, weeks or months ahead.

IIJI was called at $3.70, with an initial target of $6-7. Two years ago, the stock catapulted from $2 to $10 in less than 1 month's time. I don't really know what precipitated that move. But the following month it went as high as $14 before correcting. Fundamentally, it appears to me that the company is better today than it has ever been.

There are about 76 million shares outstanding and 39 million shares in the float.

'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.'

3 Comments:

Blogger beanie11111 said...

If you have an account with Realtick or Cybertrader, they should have decent charting software. I use www.stockcharts.com very frequently and i like it alot. I also use bigcharts.com, although less frequently, because it gives me historical prices from way way back.

Sat May 14, 04:32:00 PM EDT  
Blogger mr said...

GIGM may be next IIJI earnings due soon. read April 13 th pr

Sun May 15, 04:27:00 PM EDT  
Blogger beanie11111 said...

Someone mentioned that NTT (Nippon Telegraph and Telephone) owns 30% of IIJI.

Sun May 15, 07:05:00 PM EDT  

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