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Magal Security Systems Ltd. Message Board

  • smallcapman smallcapman Aug 26, 1998 10:30 PM Flag

    MM manipulation

    This is about to end soon with next spike.. There
    seems to be a vested interest for MMs to keep prices
    low. Likely there are too many illegal and naked
    shorts which they try to cover up by artificially
    lowering the prices.

    Only strategy for investors
    now, is to stay on course, accumulate more on every
    dip and don't give away your shares. Given the low
    float on this stock and excellent earnings and new
    businesses, it is bound to pop up soon and trade on a higher
    pleateu.. Should be a few weeks to months and needs
    patience. But it is all the more worthwhile to hold on to
    MAGSF when rest of market is all sinking.

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5.29+0.01(+0.19%)Jul 29 3:59 PMEDT