Multimedia Games Holding Company (MGAM) – 02-14-2013

February 15, 2013 · Filed Under Bullish, Growth · Comments Off on Multimedia Games Holding Company (MGAM) – 02-14-2013 

MGAM Daily Chart

MGAM and SHFL were super hot at the end of 2011 with MGAM seeing a bigger rise.  Any time a stock goes up 4x in a short period it’s going to need a breather.  With the breakout point being a little under $17 it’s still a bit overextended, but if the correction continues with low volume there may be a decent entry point.