Magal Security Systems (MAGS) Message Board
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YOGA IDIOT...this is a momo play.......
just like able recently...you were talking crap on able when it went up over 5 that day the first time recently...mags can continue on this. back in 2004 when mags went from 11.5 to 40...it went up on security concerns alone...nothing more...I bet you were bashing it then all the way to 40 bucks...course it did go down fast after that...but could have made a lot of money on the way up. if this is up a couple points tomorrow, you think people will still be holding til next week...get a life...I will take my money and be happy.
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believe it or not...your choice...schwab has the computer records to prove it.
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Everyone knows it is a pump&dump play, the question is when will the dumping begin?
Tomorrow or next week?
I think it is safer to short as the dumping starts than go long now, there is no support at a close lower level, IMO.- 1 Reply to berkeley_go
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yoga said the same thing the first day that able broke 5 recently...guess what, went up to almost 8 before dropping...this is the first day it moved. take a look at the volume in the last hour. I bought it at 11 when the volume was 378k...finished the day at over 600k...huge buying then. and that news tonight about more intense fighting in the middle east can only help the continued momentum tomorrow. shorts will be getting run over tomorrow...
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MAGS is about to join TBUS, MACE, IPIX, SYNX and some other deadend no-profit stocks in the bargain of penny stocks. Whereas before MAGS at least had some profits to speak of now those are gone. No PE = penny stock.
As for ABLE you ass I'm short 28,500 @ 12.66 and the stock is 6.70. I took advantage of the recent spike to add considerably to my position which is paying off nicely. You otoh are getting yourself performed a surgical second- 2 Replies to yogalad_returns
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for your info a hole...I had 206,000 shares of mace when it moved 2 years ago at 8...sold the next day at around 10.35 in pre mkt and made almost 485k. could have had another 500k, but sold too soon...oh well...that morning it went to 14...you are an total idiot...thinking I would hold a stock a while...be up, then watch it go down...
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