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Magal Security Systems Ltd. Message Board

  • michaelpaschal michaelpaschal Jun 17, 2011 5:15 AM Flag

    Look, I understand that nothing makes sense

    in the market, but MAGS is booking orders fairly steadily.

    Why in the He"" is it tanking almost everyday?

    Their cash position is pretty strong, They have announced $60 million in orders over the past couple of weeks.

    Thursdays volume was almost non existent!

    Yeah, its a small company with a not very exciting product, but this is undervalued like mad.

    I could see them getting acquired by some company looking to diversify its portfolio.

    Until then, I guess it will just keep slipping into ricidulous oversold territory.

4.88-0.01(-0.20%)May 2 3:28 PMEDT