i have know idea who this tokyojoe is. i'd appreciate info. the fact that magsf is making money, sells for less than book, its recent acquistions will ultimately improve its pricing ability and other reasons lead me to feel this stock was certainly undervalued.
TokyoMex has an estimated 2000 investors that will buy and sell on his word. To see the effect his group can have on a stock
look at IFLY, LEAP, and INTK. He and his investors can start the ball rolling, and with the help of the uninformed, DTs, and the
greedy, can keep the momentum going until the stock has reached near full valuation. Then the dumping kicks in. TMex sells first
then his followers sell. The ones left high are the ones who loss. If you play it right you can ride along with his group and
make quite a bit of money. Strap yourself in, TMex has picked this stock as a good candidate for "investing" in.
Here is his post:
"...I posted MAGSF,, a bit early as my clock was all screwed up here at the farm house,, also I wanted dogs to buy at open,, surely the greedy ones would have bought at open,,, SA members know better,, remember ,, time after time,,, we always said at 10 AM ,,when the profit taking and weak hands sell out...
I am buying a stock on Thursday,, and I will post at 10 AM at my web,,10:10 on SI ,,at same time Klaw sends his EM..
Also KLAW will not use my name in the future,, in any shape or form..,, on his picks,, for this is last time he will patronise me..
See you on Thursday,, I will make money and yes you will make money too.,."
There were three days of buying over three week period. You are probably correct. I don't know, but I suspect that if you check each of TM's recommendation you will find the same pattern. If this is the case, no chance of success with his recommendations unless you are part of the inner circle. Any how, appears there was a number done on this stock. Don't even see it mentioned anymore on TM's SI thread. Appreciate comments. Don't know if such actions are proper or not.
Stock traded 3700 shares on April 8 and closed at 2 1/2 unchanged. Traded 222,000 on April 9 and closed at 3 1/4 up 3/4. That was the day tmex was filling his sack with this stock. Then he recommended to his lemmings on April 13 who bought and are now buried.
Mr. Salad you have outdated info. Go to the link below and read message #7007 by Joe. Also note the date and time it was posted. By the way I don't lie for anyone. Note: I'm not invested in this stock. I don't like it.
First quarter earnings came in at 6 cents per share ($.057/share). Since the average PE for "Security Systems and Services" companies is 22, we should be looking at a $5/share company here and it continues to grow at a faster than average clip. Tightly held company combined with improved earnings and a boosted public awareness (via TokyoJoe) could create a real short-term buying opportunity.
Maybe I should have said that another way. Barron's did not mention Magal. The old saw is: It's better to buy a stock
recommended in Barron's a couple weeks after it's published. Message boards go a long way towards price deterioration. Say a stock is
recommended by a popular advisor. The day traders get in and make a hit. They never sell at the peak. They're sore and they tend to bash
the stock once they get out. Much like a teen who gets grounded. The real value hasn't been lost but investors can't remember
why the heck they're there. Just remember: The weather's never so nice as after the storm has passed. I think we're going to see
the teens one way or the other.
I can't say it is any thing more than a coencidence, but if you will check daily volume you will fing heavy volume on March 11th (about 225,000 shares with no increase in price, on March 23rd (about l75,000 with no increase in price)and on
April 9th (about 210,000 with no increase in price). Then all of a sudden we see about 600,000 on last monday, the same day as the recommendation and the price shoots up suddenly only to fall back shortly after market opening. Like I said, don't know, but looks strange to me. I do believe this is a good stock, though, for long term. That also makes it a good stock to manipulate should some have a mind and yen to do so. My observations only. Appreciate some thoughts. Thanks.