I was watching it all day today and saw than 9.05 was very difficult to break except in two random attacks but they did not last long.
I guess this heavy industrial construction business is determined to be here now and to stay and do well in the future.
When I saw the MMs were trying to bring it down by betting -100 shares all day long I concluded to buy the stock and I am sure this manipulation will be short lived. There was no real dumping at all at least sinc elike 11AM when I started watching it carefully.
MTRX traded 1.2 million shares today and closed today at 9.11. After hours traded just over 27,000 shares and it too ended at 9.11. Just because a share moves up in afterhours does not mean it can be taken as a good omen. These can trade up in afterhours just because someone put in a market order and got a really bad price.
This girl has just begun to enter the oversold arena. There can be plenty more dumping before any guess at a bottom or recovery can be made. If you're trying to sucker people into buying before this has a chance to settle, you're not being honest.
You're in la la land.....this puppy is sick and will go lower don't count on 12 before 7.5/share.....Cyclicals are going to tank and you know what unions want.....blood. Vetal better takes some iron tablets when the negotiators suck his blood dry!