Wed, Sep 17, 2014, 7:48 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Magal Security Systems (MAGS) Message Board

  • metal416 metal416 Jun 7, 2012 8:39 PM Flag

    Can Somebody Please Tell What Is Wrong With This Stock!!

    Can Somebody Please Tell What Is Wrong With This Stock!!

    A P/E of 4? $2.5 in cash, no debt, revenue of 30% this quarter. I just don't understand it.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It's a buyer's strike due to the volatility in the markets. Not a great believer in volume, but the decline is on very low volume for you volume believers. Stock is probably near a bottom, and could shoot up $1 or more in the blink of an eye. Hopefully, most of the weak hands have been shaken out, and it can start heading up again. Stock is down almost 50% from it's high of $6.46, and for all the reasons you stated, is probably a compelling buy at this level. Very frustrating for longs right now, but could change in a hurry. Definitely need nerves of steel to hang on in here, but it does look oversold at this point.

 
MAGS
4.59-0.23(-4.77%)Sep 17 3:57 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.