Is there any objective information driving this? This is a major, major run up and I don't see any reason for it. No real news from Magic. Is there a investment brokerage pushing the stock? What the heck is going on? All I can say is its about time! Glad I have hung in there like a true Fool!
For 2 days analysts have been pushing magic investment and upgrading it however they continue to use the symbol "MGIC which is wrong. I think the run up is great and sold to make a nice profit and I thank the fools who made the mistake.
This stock moves up only by steeling the identity of another stock (Magic Investments). It will be back below $5 before you can say M A G I C. Anyhow, I was able to bail out at a small profit. Thanks for the error. BYEEE.