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Magal Security Systems (MAGS) Message Board

  • ialwaysmakemoney ialwaysmakemoney Apr 22, 2004 8:03 PM Flag


    By now I hope you realize the 5 point drop has occurred. Today it has dropped faster and harder and in only 2 days instead of 5 as I predicted.

    If you have sold your position you were smart.

    Friday, you don't want to own MAGS even though it may actually go positive for a brief time.It may even look strong due to weak shorts covering.

    Today's selloff is THE FINAL wakeup call.

    Come Monday, tuesday and expecially WEDNESDAY you'll wish you never bought MAGS.

    MAGS will end in tears .....if it has not caused them already.

    Expect a massive selloff again towards the last 2 trading hours. If your lucky you will see sucker bids like TRAC for 50k. Pound them fast and hard because IF YOU DON'T SOMEONE ELSE WILL. PS. TRAC WAS SELLING ( bid below with size so u dont get hit while offering on the inside selling like mad) OLD TRICK. Good for him.

    By now the wealth factor is also USED UP on MAGS with NO MORE buying power. Cheerleading does not have buying power.

    CAPITULATION IS COMING TOMORROW especially by the closing hours.

    Now, sleep tight. You all deserve whats coming. Except a few of you nice people.

    My rating has not changed
    and is reiterated HOLD.

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4.10+0.07(+1.74%)Aug 29 3:26 PMEDT

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