On March the 13th we recommended MX on a breakout. It was at about $8.60 at the time. It is now $12.47 for a 45% gain. It is going higher but for the record we record it as up 30%
Same story for Magellan Aerospace. It is trading at 73 cents , which from 33 cents is a gain of 121%. This one will also be recorded at 30% up. By the way it is going to $1.20
I missed buying this one back in 2000. Would have been great but maybe fortune is smiling on us again. Here is the big chart.
With a one year high of $33.85 to a low recently of $7.26, no lack of movement here. Short-term a break-out may just have taken place.
Not withstanding the fact that stops can work against you, I would use a stop on this at about $6.90 a little under the low and I would buy at the market right here. Upside potential is quite real at a minimum of about $14