MCE 1.89% 26.0¢ matrix composites & engineering limited

unbelieveable , page-9

  1. DSD
    15,757 Posts.
    In August 2010 Roger Montgomery set the MCE SP on fire when he spruiked it in Eureka report, on his blog and probably on Foxtel. Then the price was about $3.30 and it took-off. I liked the company and esp the macro into which it sells its products. I hoped the SP would fallback after breaking 5.50 but it kept going and going to $9.50!! Then a capital raising was done at $8.50 and i anticipated SP would fallback to this level. However, i was caught offguard when it kept falling and assume that stop-losses were a big part of the selling. I bought my first parcel at $7.02 today and then doubled-up at $6.80. Mediun term buy is my take on MCE.
 
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1 13797 26.0¢
 

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27.5¢ 9150 1
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