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Seconds Out: here is a thought that maybe Ray Rueb can shed some light on, if he happens to see this post. With all the daytraders in this stock, some who have taken huge profits, is it that time possibly that quite a few people have to sell some stock to pay Uncle Sammy ? With that possibility, throw in a hand full of rumors, and throw in the shorts on the message boards, throw in the uncertainty caused by the downturn, throw in margin calls, and just like magic we have another one of the many buying opportunities that seem to have been coming along at a seemingly regular pace. Nothing fundamentally wrong here with General Magic, just too many people riding around Beamers, and Jags that were paid for with profits from the General, now Sam the Man wants his. In other words a short temporary phenomenon. Doe this sound plausible ? |
