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Re: rayank post# 318949

Friday, 07/11/2014 1:04:59 PM

Friday, July 11, 2014 1:04:59 PM

Post# of 648140
MNGA - I see low $1.40's as a good buy, and any dips into the 1.30's as a great buy. I too thought when 1.40 support first broke that we might see $1.20's again, but watching this lately it sure seems if we hit the 1.30's that it just doesn't stay there and bounces right back to the 50dma before close. I'm still content holding this, but do feel it will take some good news to really make it move. I'm really surprised that we haven't heard anything from the Navy contract yet, and I think that would be the contract that sends MNGA into the next levels.

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