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Magic Software Enterprise (MGIC) Message Board

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  • koolsdguy koolsdguy Nov 3, 2010 11:28 AM Flag

    The Catalyst Here is Cargo Inspection Legislation

    You heard about expectations being PRICED IN, hence the rise already.

    What takes this any higher from here on??? Everything all your catalysts already PRICED IN maybe right??

    Plus profit taking by any 1 big institution(which may happen anytime at the strike of a button at some wall st. hedge fund) may drop this like a ton of bricks i think. i am sure some big shot will wanna cash out cha-ching cha-ching right at the top while they are ahead. hey not everyone is a super greedy long

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    • ...what's not still priced in is your stupidity.
      You missed a 40% gain and now you're looking for a single digit % profit.

      Now, for investors on MGIC, if some sellers decide to make their profits today, as expected, and the price goes down at the end of the day, I will be adding more.

 
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