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Magal Security Systems (MAGS) Message Board

  • gofobroke gofobroke Dec 20, 1998 10:03 PM Flag

    Perimeter defense is too good..

    company can't break out. Big volume, big upticks
    and can't break out of the low terrible two's!
    Fundamentals are superb. Company may even pay a
    2) Trading above 50 day moving average, and looks
    like can break the 200 day mark.
    3) Terriost
    threats at high level.
    4) Management states that they
    are putting their butts on the line by buying shares
    with their own shekels.

    Can anybody tell me
    what's wrong?


    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • There's a lot of support for Iraq now. Maybe
      Hussein isn't going to shoot missiles anytime soon but
      now would be the time to be on your toes. I work in
      Washington DC and security is gone into overdrive. I am
      certain the red alert will continue for some time. I hope
      businesspeople see the good sense of stepping up their
      precautions. One doesn't get two opportunities to learn this
      lesson. Now when it comes down to whether my investments
      are taking precautions or not, I don't have to worry:
      Magal is taking care of business.


    • The stock is stuck in the 2's??????????????????
      If it goes from 2 to 3, thats a 50% move, like going
      from 20 to 30 or from 200 to 300. Would you say this
      stock is stuck in the 200's?

      The war is over
      in Iraq, Clinton was only trying to save is legacy
      at the cost of humans, what a mess. The only way I
      see the Iraq war heating up is if Iraq go on the
      offense, RIGHT! or Slick Willy starts going down in poll
      ratings due to Senate


      • 1 Reply to googleplex2000
      • In addition to my previous post, I add;

        Daily volume has been about twice the daily average
        2) Earnings have been growing between 20-25%
        3) Mega volume around 500,000 shares not so long

        Any buying meets heavy selling and stock backs
        Question: why the selling?
        Question: where's the stock
        coming from?

        The float seems to have turned over,
        yet any price above 2 3/4 seems to fade.


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