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Matrix Service Company Message Board

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  • cpa38 cpa38 Apr 11, 2002 12:47 PM Flag

    I told you so....

    New here so don't know history of previous posts. However, a fresh look at the company, it's financials, and the historical press releases, leads me to agree with those who would be extremely critical of this mgt team. Not sure anyone should put money into a company with piss poor mgt. My 2 cents. Not short or long. Looked at it as a possible long, but passed on it and now moving on. Good luck to all.

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    • Then in the "long" it will be your loss. EOM

      • 2 Replies to valueitall
      • I invest in companies and hold until I feel they are fairly valued. FARM is holding of mine and only popped for 19 points on Friday. I telling like it is; management must be accountable when errors are made by them. In the case of the write offs just announced it seems to me that the error was so fundamental that it is almost laughable. I will stay invested in MTRX until I think it is fairly valued and I will continue to state my honest and at times negative opinions of management when circumstances dictate. I wish you well in your long position as I will make money as you do....I suspect that my ownership doesn't sit too well with you, but the cards must fall as they will!

      • I invest in companies and hold until I feel they are fairly valued. FARM is a holding of mine and only popped up for 19 points on Friday. I tell it like it is; management must be accountable when errors are made by them. In the case of the write offs just announced it seems to me that the error was so fundamental that it is almost laughable. I will stay invested in MTRX until I think it is fairly valued and I will continue to state my honest and at times negative opinions of management when circumstances dictate. I wish you well in your long position as I will make money as you do....I suspect that my ownership doesn't sit too well with you, but the cards must fall as they will!

 
MTRX
16.87-0.25(-1.46%)May 29 4:00 PMEDT