magicJack and magicJack Plus Support, Reviews, FAQs and Tricks magicJack and magicJack Plus Unofficial Technical Support. Your Magic Jack and Magic Jack Plus phone service information resource    FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in  Why is Israel’s MagicJack VocalTec dropping so fast?          magicJack and magicJack Plus Support, Reviews, FAQs and Tricks Forum Index -> magicJack News View previous topic :: View next topic   Author Message redpepper Dan Should Pay Me Joined: 13 Oct 2009 Posts: 501 Posted: Thu Mar 29, 2012 10:43 pm    Post subject: Why is Israel’s MagicJack VocalTec dropping so fast? Why is Israel’s MagicJack VocalTec dropping so fast? Read more: http://community.nasdaq.com/News/2012-03/why-is-israels-magicjack-vocaltec-dropping-so-fast.aspx?storyid=130115#ixzz1qZ2IBuRD Back to top nailgunner MagicJack Sensei Joined: 18 Mar 2010 Posts: 1548 Posted: Fri Mar 30, 2012 6:44 am    Post subject: Re: Why is Israel’s MagicJack VocalTec dropping so fast? redpepper wrote: Why is Israel’s MagicJack VocalTec dropping so fast? My uneducated guess is that it's dropping because it had NO business rising almost 77% so far this year. Looks like whoever made their money on that ridiculous rise wanted to get their profits out while the getting was good. Back to top bitstopjoe Future magicJack CEO Joined: 13 Sep 2008 Posts: 2844 Location: North East Pennsylvania Posted: Fri Mar 30, 2012 6:53 am    Post subject: Makes sense....... Back to top Paul777 Dan isn't smart enough to hire me Joined: 20 Apr 2010 Posts: 168 Location: Toronto, ON Posted: Fri Mar 30, 2012 7:10 am    Post subject: yes... profit taking is all part of the give and take. Keep watching the stock though. Maybe they are having a tough time getting new subscribers and their revenue will be falling. This could be an early indicator of further trouble. Back to top nailgunner MagicJack Sensei Joined: 18 Mar 2010 Posts: 1548 Posted: Fri Mar 30, 2012 7:48 am    Post subject: I'm more stunned at the 77% rise than the 10.5% drop. Dan and the others would have to be REALLY stupid not to have sucked some profit out of that rise. Back to top Bill Smith Dan isn't smart enough to hire me Joined: 23 Aug 2009 Posts: 219 Posted: Sat Apr 07, 2012 12:08 pm    Post subject: This proposed secondary offering of shares may partially explain the drop. http://sec.gov/Archives/edgar/data/1005699/000117891312001037/zk1211299.htm Back to top cell14 Dan Should Pay Me Joined: 23 May 2009 Posts: 673 Location: South FL Posted: Sat Apr 07, 2012 5:30 pm    Post subject: Wow. A perfect deal for orphans and widows . The next step would be to swap those shares for a bunch of defaulted mortages. Back to top Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First         magicJack and magicJack Plus Support, Reviews, FAQs and Tricks Forum Index -> magicJack News All times are GMT - 4 Hours Page 1 of 1   Jump to: Select a forum Public magicJack Discussions----------------MagicJack FAQs (Read this First)magicJack Tips and TricksMagic Jack Technical SupportmagicJack Plus SupportmagicJack NewsUsing magicJack on a Thin ClientUsing magicJack on a MacUsing magicJack on LinuxFeatures coming to Magic JackmagicJack related items For Sale / WantedmagicJack Reviews, Rants and RavesAlternatives to magicJackThe Lounge Private Discussions----------------Security IssuesFree magicJack Giveaway Contest  You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum Powered by phpBB Turbo Extended Edition © 2010, phpBB Group