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Magal Security Systems Ltd. Message Board

  • bengrahamvalueinvestor bengrahamvalueinvestor Nov 2, 2007 3:58 PM Flag

    Volume anemic, opportunity not

    Why is the volume so low? Because most of us that believe in the MAGS story are not selling, but the concerns are that the Israel is going to halt the Fence being built for a long period of time. No new orders have come for quite a while. Work has ceased. This weekend their is a meeting to discuss the construction of the remaining fence (almost 50%) and whether to proceed with the rest of the fence in 07 or not. This banter is not new. The upside is that MAGS gets $25-$30 million in Fence orders in the next 12 months at a minimum. However, I don't own MAGS for the Fence story, nor should anyone......

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    • You just said it all: "STORY" This is a story stock.

      Microcap story stock in a possible recessionary environment. At best a decelerating economy.

      You are in for a heap of trouble.

      I bet this stock is below $5 before the end of the year.

      Sorry. End of story.

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