I was watching an interesting interview with Peter Lynch last night who came up with this, re. investing,
"I think the most important organ in the body is the stomach, not the brain."
And this struck me as very relevant concerning MCE given the excitement and following sell off over the last 4 days. No doubt a lot of people were getting very excited and subsequently very nervous following these large movements in the company's share price although long term investors in this wonderful company really have nothing to worry about.
Has anything material concerning the company actually changed?? No.
I cannot predict what the share price will do over the next few days, weeks even months although I am confident that price will follow value and it is my belief that the value of Matrix is going to increase substantially over the next few years.
Concentrate on this and not the whims of day traders who get excited over short term movements in the share price.
MCE Price at posting:
$6.06 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)