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Magal Security Systems Ltd. Message Board

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  • mrharrynutz2004 mrharrynutz2004 Apr 12, 2004 7:21 PM Flag

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    A guess on my part would be that there are too many -and I mean WAAAAY to many- short termers on board right now. Look at Thur volume for starters. Also, my guess is that there are still a lot of institutions that want in, but not at this level; mid 20's is probably what they're hoping for. As a result the MMs might've unloaded along with the shorts to try and shake out the last week's short termers. Do not let your emotions ride on your stocks, you'll be a basket case in a hurry. Today's pullback was actually relief for me; I know good and well a stock can't double every week.

    take care, Harry N

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