Magal's chairman and CEO Jacob Even-Ezra, yesterday said in a �Globes� interview that the share price was high. Also, Even-Ezra sold shares of his company worth $32 million last week. Even-Ezra, who owns 31% of Magal, actually admitted that his company's stock was expensive. Ignore these information at your own risk!
Read my posts in defence. What could he have said? What could you have said when put to such a question? "Oh, it's too low", "it's ok", "it's so so", "it's way too high"? If you state the facts, state all of the facts. Don't leave out the sentence following 'I think $25 is high'. He also said, "but I would not say it's very high'! Read between the lines, use your head.