MagIndustries Corp MAAFF

RE: It's interesting

[CapeBreton]

this stock is just too tempting!  bought some more today.  I now own 0.29% of the company!   I would not read too much into the price decline.  The volume has been neglible over the past few months.  Investors have beat up the sp because of the failure of the Sinhydro deal.  All the more reason to get in on this deal.  That failure has nothing to do with what is going on currently.  No deadlines have been missed, both parties continue to be meeting, we were all told long ago July (the end of July actually) would be the finance deal, so if impatience is the only reason the sp is going down, I will continue to take advantage of impatience and low volume.  While I agree that if this deal does not go through we could be quite vunerable (and my wife will kill me), I believe when it goes through signficant barriers will be lifted and the share price will have signficant momentum.  This stock doesnt need negativity during the AGM.  Management will not have much concrete to say.  Dont ask the mechanic what he is doing when he is fixing your car, wait till after the work is done.  Ok, enough analogies, I guess my theme is lets have some patience.  Mag hasnt missed the curfew yet so dont ground them (ok, had to stick in another analogy).  The only date I am watching is July 31st, before then I expect no news, buy that doesnt mean things are not happening.