Post by
jcw604 on Feb 18, 2021 12:01pm
People dump MTY after results for the year
hope that this causes some dips for me to get more srv.un cheap.
Comment by
jcw604 on Feb 18, 2021 3:33pm
No effect. Raised my bid to get a little bit filled.
Comment by
flamingogold on Feb 18, 2021 4:14pm
The available trading float is slowly evaporating into tight hands.
Comment by
jcw604 on Feb 18, 2021 7:59pm
Anyone has any idea about MTY? They seem to be managing quite well but drop after earning announcement.
Comment by
jcw604 on Feb 18, 2021 9:05pm
I looked their conference call transcript. It seems like that their management are quite strong.
Comment by
BlueJay2020 on Feb 18, 2021 10:06pm
The stock had rallied considerably and the latest earnigs were solid but obviously not spectacular. Probably some profit taking and a move to sticks with more immediste upside. I was buying MTY from the mid 20s to the early 30s and sold it all from between $40 and $45. I would buy again if it went below $40. Great management who hold a lot of stock.
Comment by
jcw604 on Feb 18, 2021 11:12pm
Do you think it can go down that low? Maybe a quarter later.
Comment by
BlueJay2020 on Feb 19, 2021 1:04am
No, I dont think it will get close. But I would want that level of margin of safety. It was trading at close to $70 pre-pandemic, so I think $60 is realistic within by end of year. Its another illiquid stock though, so it can be quite volatile.