There were 3 signs that I missed when I should have sold MAGS higher:
1) Insider selling before earnings. 2) CEO stating that he thought $25 stock price was "high" (how right he was). 3) Stockjunkie45_2002 having a sentiment of "Strong Buy" on this stock. He is the ULTIMATE contrarion indicater.
I actually feel more sorry for him then myself today. He was also over at INVN board, bashing/shorting INVN at $10, $20, $30, $40 and ultimatly at $50 when GE bought out INVN. This guy has lost tons of money just between INVN + MAGS. Fortunatly for myself, I made a ton at INVN, and only lost a 1/4 ton on MAGS...it still hurts...but could be worse. Time to suck it up and move on, but will be keeping my radar on MAGS if big money moves in again...won't happen until major contract announcment comes through, as someone mentioned earlier...a quarter or 2.