I was on their delivery dock just yesterday morning and it was packed with packaging materials... Not that means much, they tend to buy in bulk.
A few comments:
-I like the chart but why the need for a 3:2 stock split so early? Is there an expansion plan in place? -It would appear that matec had a nice profit last Q but they need to repeat performance this Q to make it real... will earnings come out before the split? -This is a small company with 100 employees that is finally hitting the mark due to strong market demand...Where are they in this cycle? If backlog remains constant or even better increases then stock will do well. If it levels off or decreases at all...back to 11-12
ALL OF THESE STATEMENTS ARE MY OPINION ONLY...SO DO YOUR OWN DD.
I have done some history on this company... They have posted positive earnings 6 out of the 8 past quarters but the last quarter was the Most significant... I don't know if it will hold up or if it is just a case of orders coming in because the larger houses can't fill the orders... and once the backlog is filled??
I didn't say anything that wasn't the truth...just looking at this stock as an investment and not a favored freind...
And to answer your question...I am not currently a stock holder but I'm continuing my own DD.