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Magal Security Systems Ltd. Message Board

  • renohawk72 renohawk72 Apr 9, 2012 4:06 PM Flag

    Juicy and the rest of the shorts learned the hard way ...

    It's called a "short trap" ... the MM's created an illusion that MAGS was going lower. While Juicy and the rest of the clan were loading up on short positions at $5.05 and less, smart money was buying ... The move higher is for real. Nothing is more evident than on a day when the mkt plummets and MAGS closes at the high of the day on very heavy volume .... heading to $8-$10 by next earnings ...

 
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4.17+0.07(+1.71%)Jul 31 4:00 PMEDT