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Magal Security Systems Ltd. Message Board

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  • breeves1999 breeves1999 Jan 18, 2005 2:05 AM Flag

    MAGS IR says earnings week of 2/14

    To aid a reasonable perspective, please recall Msg.47169, in which acharithayamim advises that he talked with Kenney Green of IR on 1/12/05, and that according to Green, "there is no bad news to explain the stock decline." 1-866-704-6710
    Again, Patience.

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    • The profitable course of action is to stay short thru the earnings release. The news has already leaked out, that is why the stock has been so weak lately. Single digits is a slam dunk this week. All of you sheep who havnt gotten out yet are going to see some real fireworks on the earnings miss and negative guidance. my sources have indicated that the seam fence project has slowed to a crawl and there are no new contract wins to report this quarter. Join the small minority of pros who short these low margin/low growth businesses and start making serious coin!

    • true, and when I got the note about the week of 2/14, I replied back to ask if any "warnings" were forthcoming, so still waiting on that over the weekend.

      anybody can call him too, he has a British accent

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