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How does the price go up 10% in Israel, and get hammered here? Please explain??
The MM's love to play with this stock. It is highly subject to price manipulation.
Resistance levels dropping from $20, to $17 and next will be $15. In other words, MAGS is downtrending with no earnings report for another 3 months, not a good scenario.
>How does the price go up 10% in Israel, and get hammered here? Please explain??<Earnings were annouced at 8:00 am eastern time (USA), so the bad news had not hit yet!!!Wait till tomorrow's market opening, the picture will be different. (Sorry!!)
if the earnings were so bad why did the stock gap up so strongly? It should of gapped down. Right?