LJ International (JADE)

[nipsy1]

I have decided that the time is now to start accumulating and holding. Time is accelerating with the Olympics approaching as well as all the press China is gettting, plus loosening of the Yuan will make LJ products more accessible to world consumers. I was looking through companies that were affected by past Olympics and the quarters following were remarkable.

Plus, there is an increase of same store sales for 1 year anniversary coming up which should have a nice positive affect on the Jade. And a decline in some metals used to manufacture the products. Everything is there to start buying so here I go. Finally, the buys now will get us past short term capital gains with quarterly results coming out near year end 2008 with the Olympics in August.

Time will only tell how brilliant I am.

Matt

[Orvis]

Very Very Strange activity at the close and after hours. There were some trades near $5.00 with an AH close at 4.70. Can't figure what's going on but it seems the supply at these low 4's may be drying up. There is no obvious reason for these large gap moves other than that.

[Orvis]

LJ International Raises Second-quarter Guidance, Projects 37% Rise in Sales, Doubling of EPS
Wednesday July 12, 9:00 am ET

[Orvis]

I think this could move up quickly without any particular news but I would like to see some big volume with it.

[nipsy1]

Something funky here; look at the killer drop at the beginning of the day - probably just a bunch of profit taking. There was this report put out a few days ago. Maybe I should buy it and see what's in it. But then again I already know the Chinese are cookoo for Cocopuffs when it comes to jewelry.

Matt

Dublin: Research and Markets http://www.researchandmarkets.com/reports/c39092 has announced the addition of Precious Jewelry - Global Strategic Business Report to their offering

This report analyzes the worldwide markets for Precious Jewelry in Millions of US$. The specific product segments analyzed are Gold Jewelry, Silver Jewelry, Platinum Jewelry and Diamond Jewelry. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East, and Latin America. Annual forecasts are provided for each region and product segment for the period of 2001 through 2010. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 966 companies including many key and niche players worldwide such as Aurafin Oro America, Bulgari, Christian Bernard Diffusion, Egana Jewellery& Pearls Ltd., Gemz Corp, HMS Jewelry Co., LJ International Inc., Tribhovandas Bhimji Zaveri., Suraj Diamonds and Jewelry Ltd., Titan Industries Limited, Michael Anthony Jewelers Inc, Richemont Group, Tiffany & Co., Topaz Group Inc, UNOAERRE, Anglogold Ashanti, Alrosa Co Ltd, and The De Beers Group.

[Orvis]

what's up with these last minute moves at the end of the day.

[nipsy1]

Finally some people realized what a good company it is today. What a nice jump. Too bad I was only holding a few hundred shares whereas in the past was holding a few thousand.

Matt

[nipsy1]

So the crazy stock of the year. Continues to post great earnings, expansion into a market that Chinese people love - jewelry - great same store comps per year. The olympics are coming to town yet the stock keeps going down, and down and down...

any thoughts

matt

[nipsy1]

I picked up a bunch this morning on the fall and there was a nice spike at the end of the day. Very curious to see what Monday morning has in store. Last earnings release was great and the stock went DOWN, so hard to tell with this one. I plan on being at the computer at 6:30 just in case the same thing happens again.

Matt

[nipsy1]

What's blowing my mind here is the fact that the stock had a great earnings report; positive things on the horizon and it continues to drop when only it should be going up. Especially with the new store openings in China with the olympics coming.

So with that in mind something is up. I love this stock a lot and if it hits $3.40 range I have to gobble this up. Any thoughts why it continues to be an underperforming stock???

Matt

[Orvis]

Nipsy,

I don't know the time frame for store build outs there but I do know that Chinese love jewelry and gold. I would wager that a lot of personal wealth is in gold also. It just seems logical for that type of business to do well in China. As the per capita income grows it's only logical that more disposable income will be put into buying jewelry. I don't think you see that same effect in the US/

[nipsy1]

Store openings take what 3-4 months with the build out and then 1 year to be counted as same store comparable sales. The growth rate looks great. Any thought the olympics will play on sales and how much it will affect future earnings. Any report of what the board is expecting?

Matt

[Orvis]

Buying Jade this am @ 3.90

[Sornette]

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