MCE 2.13% 23.0¢ matrix composites & engineering limited

Roger is no Buffet.He lost me after he started plugging these...

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    Roger is no Buffet.
    He lost me after he started plugging these smaller companies without a durable competitive advantage. He also is quite the salesman. First clime, which he sells for a bucket load. Then his book with this formula that has massive holes in it and now his 1300 dollars a year program. If you use this formula often enough, you can see the failings in this, especially with stocks with lumpy or non predictable earnings flow ie MCE. Hence once he started plugging such companies, I was lost from the Montgomery fan club. If you have his book and are keen on his system, I would stick with the book only rather than spend another 1300 on the program.
 
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