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Magal Security Systems (MAGS) Message Board

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  • mrharrynutz2004 mrharrynutz2004 Apr 10, 2004 8:15 PM Flag

    Lo float security stock laggard list:

    Menkess
    Your English is fine. Yes, IMO MAGS still has upside even at these levels. Even with the valuations MAGS has now it is no where near the silly levels that TASR is. Also, MAGS has a longer history and more applications than TASR. Right now the insiders, the big money and the diligent traders are in MAGS. This past week the day traders began converging on them; there are many, MANY, more to come (look at how many times the float was traded -5x!). IBD is still getting the news out; we still have CANSLIM folks to come -not to mention a possible appearance on the IBD 100 list. Stock splits will make the stock more available to traders and investors.
    The 'squeeze' I mentioned is one of the major signals that a possible climax top is near. It is a long way off yet.
    Right now I only consider MAGS a trading stock, but I intend to hold them for some time. All of the TA I follow is yelling buy. As a long term investment, I'm not as sure. But their services will certainly be in demand, at least as long as there are terrorists on the earth.
    If you get in, just hold on, this is a real rocket ride.

    regards, Harry N
    P.S. I may have to continue our discussion later. I hav obligations to tend to now. :-)

 
MAGS
3.549+0.019(+0.54%)Apr 15 3:58 PMEDT

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