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MagicJack Stock Takes Nose Dive. Will It Pull Back Up?

 
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redpepper
Dan Should Pay Me


Joined: 13 Oct 2009
Posts: 501

PostPosted: Sun May 20, 2012 9:22 am    Post subject: MagicJack Stock Takes Nose Dive. Will It Pull Back Up?

Circa $25 on April 30. Circa $18 on May 18.

See http://www.nasdaq.com/symbol/call/interactive-chart?timeframe=1m&charttype=line
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redpepper
Dan Should Pay Me


Joined: 13 Oct 2009
Posts: 501

PostPosted: Fri May 25, 2012 10:48 am    Post subject:

Down by nearly 40% to circa $16 May 25.

See http://www.nasdaq.com/symbol/call/interactive-chart?timeframe=1m&charttype=line .
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cell14
Dan Should Pay Me


Joined: 23 May 2009
Posts: 673
Location: South FL

PostPosted: Sat May 26, 2012 10:47 pm    Post subject:

Well, but the same charts show MJ stock at $ 10 in December, which means a value increase of 70 % over less than 6 months( $ 17 now) a quite impressive performance, I would say. Wink
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redpepper
Dan Should Pay Me


Joined: 13 Oct 2009
Posts: 501

PostPosted: Wed May 30, 2012 9:06 pm    Post subject:

Falls further to slightly under $14 May 30th.
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cell14
Dan Should Pay Me


Joined: 23 May 2009
Posts: 673
Location: South FL

PostPosted: Wed May 30, 2012 10:18 pm    Post subject:

If it drops below 10 that would be a warning sign.
Wonder why would somebody buy this stock for anything else than speculative trading.
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