Henceforth, I lowered my purchase order back down to $1.50
Good luck to all bagholders.
they don't report insider buys and sells...I asked the company about that.
Hard to belive no insider buys. May be they want to go private.
.86 EPS for the 4 quarters with 120% revenue growth y/y and the stock selling near book value. Either this is a scam of the YEAR of the company, or the buy of the century here. bad market conditions, i agree, but no way this should trade anywhere near book value, which gives the whole business value of 0, almost $3/sh is in cash
Ole Juicy is back as Tacky !
Think what you must but I will NOT raise my $1.50 purchase order of Magal stock.
They have $2.40 a share just in cash, sport. This stock is going much higher. They just had a 40% increase in sales quarter over quarter in their seasonably weak quarter.
So I ask, why are you here? you're not short. Are you just bored?
a loss of (.23) in 2010, a loss of (.15) in 2011 now a .00 for 2012 in q1. trending in the right direction if you ask me