I called and spoke to the ceo months ago. With the smaller co.'s it is much easier to do that, (speak to them)
What a nice and helpful person. I have been watching it and may pick up some shares. again. MTRX has been trading all over but I am just holding.
If you ever want to email and talk stock it is my yahoo id.
Any interest in GIFI?
by: ann234368 (F/MA)
Long-Term Sentiment: Buy 03/30/03 05:14 pm
Msg: 1817 of 1858
I found this co. stock in a few searches and some research I did.
Solid company, good earnings, small cap, low volume, but a 'buy' at certain levels imo.
Bought in the low 15's, took some profit after it went to 17.
Jones would have had to post a bond with the customer. Matrix will then be paid by the customer, plus the customer will not want negative press - especially if they are rated.
Jones' small individual suppliers and investors floating current projects though will be the ones hurt by bankruptcy.
As long as you are not a material supplier or Jones investor - no sweat!
JA Jones is construction management. This will not hurt Matrix, as the customer will have to honor work accomplished. JA Jones goes bankrupt every so often, and has an extensive ligitation history with customers and sub-contractors. Thye will buy time with bankruptcy, come back out and things will be come out in the wash.
If anything, expect Matrix to be on time and materials due to Jones. They might even receive more payment that way.
very large contractor specializing in plant and refinery type of business (see ja jones website) they are the key player in an expansion project, and everyone working for them is looking for money or pulling off the project. i think the project was worth several hundred million, and i think the bankruptcy also included over 100million in bonds.
This is a REAL penny play I menioned here bfore, SEVU.OB.
Lem not sure if you read the letter by TC, he mentioned it and I read about it and bought at .19, closed today at .264. On Thomson it showed inst. interest and the volume was better.
Have a look at the news? I did not sell any today! eek
I think it could be very interesting?
If you do check it out let me know your thoughts please.
Great close on MTRX!
There is no doubt whatsoever in my
mind that you researched the stock CIFI. Just
about everybody on the message board agrees
with you, and so do I up to a point. If as
you said you took a profit at 17, and it
supposedly is a good stock, why is it back in
the 15+ price, and on a day like today, why
is it not moving up?
I think lem said it in his post best.
You and I read the same letter. Watch sevu.ob there has been some good news imo. It is truly a penny stock.
I bought some to just hold and see at .19 . ..trading at .23 today! ;-) whoa huh!
Also, I liked what I saw in their profile and news