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Re: wadegarret post# 22589

Friday, 09/16/2005 11:35:25 AM

Friday, September 16, 2005 11:35:25 AM

Post# of 173904
wade: MAJRE is up an impressive 61% in two days from the close of $1.07 on Wednesday. But I agree that the volume is disappointing, and probably reflects the lack of following this stock has, as well as concerns about the late filing, the lawsuits, the goodwill writedown, etc. It's too risky for me to take a significant position, but I'm glad to own a few shares.

Hopefully the stock will trend higher in the coming weeks. Q2 is seasonally their strongest quarter, but Q3 is good also. Another decent quarter, along with a timely filing should help the stock, but it may require some patience. Good luck.
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