iinet just hovering - the tsunami is coming!!!

The share price of IINET is just hovering killing time

I think Wednesday 24th Feb is going to be the release day for the first half financial year 2010 report of IINET

So between now and then, there are a four full trading days

One of two things can happen

The price can remain in this holding range of around $2.20 or can break through and head for $2.50

The highest level reached recently was $2.38 in early September of 2009

THEN

litigation was in full swing against the company and there was a fair anount of negativity

NOW

there is nothing holding the company back.

Record profits and turnover are being flagged for the company by Michael Malone.

New product lines are being released to the consumers. IINET's market share is forever increasing

The litigation has ceased.

The movie studios have been ordered to pay back all cost to IINET associated with its defence against the studios


Enough said

As always the above comments should not be construed as investment advice