As I first posted here several months ago around $4.50, MAGS has been and still is one of my favorite small-caps for the rest of the year. This is an excellent position hold...a good play on both the instability in the Middle East, as well as a potential China/Olympic play. The stock is up about 100% from my first post...not too bad in this market.
OT....one stock I like even more than MAGS for the next several months is MEDM, which I have posted about here before. IMO, MEDM is in the early stages of massive growth and has the potential to be a huge winner over the next several years. Worth taking a look at if you do not know the company....
Hmm. I agree that the telecom stocks may not move up soon, however it is hard to pick the moment that they will move up. Any thoughts on SGI? I am in it at 51 cents. Should I sell half the position if it rallies to $1? Take a look at ECIL. Any thoughts on RDRT here? I am also into KMAG at 13 cents. It is an interesting speculation.
I _am_ already in SBLU;-))) I think it it still to early to go into Internet/Network related stuff. That is why I ignore them at this point in time. Later, perhaps next year, I look at tham again. IMHO, semiconductors are more promising, now.