Read the article. Maybe this is why the stock declined. Only 11% growth year over year, and a 20% decline current quarter versus prior quarter.
We need news, and we need it fast from the company. Is the guy asleep in his office? My stop is at $12.50. I hope it does not get there, because I bought more at $14.65 this morning.
"Magal last week said its first-quarter revenue of $14.2 million was up 11% over the year before, but quarter-over-quarter revenue declined by 20%. With the buying hysteria over, the gurus took positions at much more modest prices."