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Mattr Corp T.MATR

Alternate Symbol(s):  MTTRF

Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.


TSX:MATR - Post by User

Post by rexrexon Nov 18, 2020 5:28pm
920 Views
Post# 31927204

This is how it goes

This is how it goesThis stock has tight shares. So if you are holding anything over 5,000 shares than there is no point selling it on the upswing, as buying those shares back at a low price will be very difficult. While it is tempting to take a profit, the hard lesson is "never sell your winners on the upswing". Because it is the winners that will give you the most profit in the LONG stretch. I can understand that the share price rose above 3.40 today and closed at 3.12 but day to day up and down price volatility evens out in the long run. No one can time the market perfectly, day trading your winners is a bad idea. I have been guilty of this Strategy in the past. So now I hold, it takes an iron clad stomach to do so, but if you see the fundamentals of Shawcor, it is hard to ignore the fact that this is a very rewarding stock. Low share float, half billion in backlog, no dilution, diversified portfolio. Green shoots are just starting to appear. Hold on, sit back and enjoy the ride to $10 and beyond.
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