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Magal Security Systems (MAGS) Message Board

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  • mrharrynutz2004 mrharrynutz2004 Apr 14, 2004 11:15 PM Flag

    could a smart investor please advise me

    Ambrosia, most likely all of the news in that filing is already known by the market. For those who are following the stock closely I'm sure there are no surprises in it. I have rarely seen a stock tank on a standard SEC filing. What can sometimes happen is that they can come out after the official filing and announce that an error has been made and they need to refile. Then you can see a real sell-off. It doesn't surprise me the company is losing money, most stocks under $5 are probably losing money from what I see. If you're real nervous about it you'd probably be better off closing out. Just a thought.
    Harry N

 
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