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Magal Security Systems (MAGS) Message Board

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  • harryonthestreet harryonthestreet May 28, 2004 4:20 AM Flag

    My view of MAGS and logic in the trade

    Tell us something new. At least 10 people have posted this type of message or something very similar to it. If you think the stock is overbought go ahead and short it; if you think the Co is a solid investment why not go long. I can tell by what you said that you don't want to be perceived as a basher, but there is no conviction whatsoever in your post. That's a major no-no in the mkt IMO, you will get trampled if you have no conviction and are worried about not offending people. Everything you've posted is old new, let me inform you of some things. Yes, there was a good deal of insider sellin -last month FYI. How many insider sales have there been in the last 5 wks? The products are not uniqe. Which ones are you referring to? Pipeguard? Dreambox? Once again, MAGS is the premiere perimeter security Co in the entire world, or did you know that? Most of the rest of your post is blah, blah nonsense. Most of us here are not counting on either shorts or day traders to move this stock. The fact that they're here annoys me at times, but in no way does it discourage me. If you can't handle highly volatile small cap growth stocks why don't you move on to some large cap utility stock or some thinly traded micro cap. You know, something that trades about 100 shares a day and moves about a dime up or down a week. You haven't posted anything different that most of us haven't already read or thought about ourselves. If you're short say so, that would be different.

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