posted
I heard that many people said game accessory stocks will get back into play with the release of new consoles and the holiday seasons. How does everyone think of MCZ? Right now, it is at near 52 week low, and price has been pretty stable at around $.70. Anyone think there is room for ups?
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quote:Originally posted by skytrades: I heard that many people said game accessory stocks will get back into play with the release of new consoles and the holiday seasons. How does everyone think of MCZ? Right now, it is at near 52 week low, and price has been pretty stable at around $.70. Anyone think there is room for ups?
This is a tough one. I've been watching for some time. Made a play about a year ago and made a few dollars (literally). It's tempting to pull the trigger but I'm a bit concerned with the numbers. Look at the one year chart.
If the report is good, I say we'll head back up near a dollar. But I'm willing to wait for reporting and give up a few pennies. Otherwise if it's a bad report, I say we head south towards .50
Good luck!
-------------------- It's choice - not chance - that determines your destiny.
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The earnings has been out, not very bad compare to industry averages in a transition year. At least now, no more uncertainties about the financials. And traditionally the 3rd quarter is the strongest for MCZ and also the hype from release of new consoles. There should be enough room for some ups!
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closed .79 today, this is a sign, MCZ was held back by earning uncertainties which are now cleared, up up up for the traditional strong holiday season!
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