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

redpepper · Post by **redpepper** » Sun May 20, 2012 9:22 am

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

See http://www.nasdaq.com/symbol/call/inter ... ttype=line

redpepper · Post by **redpepper** » Fri May 25, 2012 10:48 am

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

See http://www.nasdaq.com/symbol/call/inter ... ttype=line .

cell14 · Post by **cell14** » Sat May 26, 2012 10:47 pm

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.

redpepper · Post by **redpepper** » Wed May 30, 2012 9:06 pm

Falls further to slightly under $14 May 30th.

cell14 · Post by **cell14** » Wed May 30, 2012 10:18 pm

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