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Magal Security Systems (MAGS) Message Board

  • kabbamonte kabbamonte Jul 8, 2005 1:15 PM Flag

    to the newbies:

    MAGS can drop faster than a lead brick, at rare times it can go up equally fast...

    before yesterday, it could drop 10 to 20c on just a few hundred shares

    this is a company with rare news and no analysts or earnings reports...usually the benchmark from MAGS is revenues, but there is no point of comparison

    to own MAGS you have to sit in the dark like a mushroom and believe for a better day, as when it comes it will most likely be a surprise

    last quarter we got a revenue shortfall warning because some orders expected were delayed..we just have to take their word for it, but it beat the stock down another few dollars and before yesterday we were just twisting on a string drifting lower and lower on very low volume

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