Thanks sky I've made every mistake there is to be made in the market, years of mistakes, makes for a level head. Good luck to you too, missed the report on the airline----I guess we'll find out nest week.
Go back and read my message again. I will not be squeezed. I have traded this thing on .25-.50 sort increments buying myself 8 bucks worth of upside protection. I don't hold on to stocks long or short trying to hit a homerun I pick up my $$$ one base at a time.
I am only buying this short whereas other stocks I play I go long short. I would not want to be caught holding this one long when the hammer drops.
Yeah, O.K.... And terrorism is going away tommorrow,...and the Israeli/Palestinian conflict will be solved before lunch on Friday...And Al Qaeda will surrender next Tuesday...Get a clue. Have a nice squeeeeeeeze next week.
hey mama, i enjoy your posts. level headed responses are good. hope you make some money on this stock. MAGS will suprise us all on earning day. Isreal is tight lipped about most technology. did you see the new piece on EL Al arlines using FLIGHTGUARD. Do you know if it is coming from MAGS? I think i maybe.
There are no analysts that cover MAGS, go back and read their last earnings report, it's on YAHoo or their website, the CEO in current interviews said he was expecting strong growth in 2004. Mama
I know nothing about this stock. My opinion is it is way overbought and will fall back to the teens in weeks. I am shorting the stock in 2k blocks anytime it goes above the average of the low high of the day and covering the short when it falls back to the average of the midpoint and the low. I would be VERY worried if I held this stock long because there are not any options to hedge with, which will make it impossible to recover losses. After this bubble is over on mags there will be no reason to run it up to these prices again for a LONGGGGG time.