MCE 1.89% 26.0¢ matrix composites & engineering limited

montgomery's intrinsic value is $11.13 !!!, page-22

  1. 652 Posts.
    If it continues in that downward trading channel I would anticipate $5.80-ish as a good pick up and $7.20-ish as a good sell point for a short term trade.

    I hold long term also. Pretty flumoxed that it has fallen so much. Popularity pushed it to up too fast I guess even though the underlying intrinsic value has it worth $9+

    Could see a little dead cat bounce today.
 
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