MTRX

We may close MTRX today. Just moments ago MTRX issued a press release discussing their FY 07 & FY08 guidance. They estimate they may come in slightly lower for 08. But at the same time they indicate they may achieve record revenue next year.. go figure!

Anyway.. our entry on MTRX was $27.65 so that means a drop below that by more than a few percent will trigger us to sell and protect our money from it going any lower. So far in pre market there is very light trading volume on MTRX so either the news has not gotten out to all yet or there is no panic to sell.. Anyway.. we'll see how it trades after the bell.

If it sells off then we take our money back out and move on.. That's the whole idea of swing trading.