New big pick is MTCH.
MTCH could turn out to be a huge turn around play before they year is over!! It's trading near a 52wk low and has come down quite hard in just a few short weeks.
Look at the chart to get an idea of what I'm talking about: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=mtch&sid=0&o_symb=mtch&freq=1&time=6
If MTCH was to test levels that were made just 3 months ago, the gains would be over 550%!!!
MTCH could play a major role in the safety of all Americans. Let me explain how...
The San Francisco Bay bridge was recently closed down bringing the SF traffic to a crawl.
A rod snapped during rush hour traffic bringing down 5,000 pounds of steel!! Luckily nobody was hurt, but still a very scary thing to witness if you were on or near the bridge when it happened.
This is one of the busiest bridge in the bay area so having to close it down must have upset thousands of people who use that bridge to commute to and from work.
The SF bridge had repairs done over Labor Day weekend. A crack was discovered and repaired but the fix was more of a bandaid in my opinion if the repaired work could fail that quickly.
Article: http://www.sfchroniclemarketplace.com/cgi-bin/article.cgi?f=/c/a/2009/10/28/MNO81ABJTF.DTL
Long term solutions are needed and that's where MTCH comes in. MTCH's technology could be utilized on many aged bridges that are susceptible to a collapse.
The SF bridge is just 1 bridge in 1 city but it is a very good example of how one bridge can affect our lives. Every day millions of people drive and cross over bridge. Most of them are old and dangerous.
MTCH has the technology to prevent these kind of closures and collapses from happening!!
Let me explain to you how MTCH's sensor works. MTCH's Electrochemical Fatigue Sensor is used to determine if actively growing fatigue cracks are present.
MTCH's system is a nondestructive crack inspection technology that is similar in concept to a medical EKG.
MTCH's EFS technology is based on proven electrochemical principles. When a bridge is under load, new metal is exposed at the tips of growing cracks; the metal oxidizes, producing a corrosion-like film.
With the EFS system, an electrochemical sensor is installed on a bridge surface which polarizes the inspection area. If, when the bridge is under load, new oxidation products form in the area of a growing crack, the sensor signal changes. A receiver senses the changes in signal frequency and magnitude, indicating that a growing crack exists.
MTCH's EFS software then filters the data and summarizes the results graphically. Interpreting the results is similar to reading an EKG printout. By comparing the EFS inspection data to "normal" (no crack) EFS data, bridge inspectors can detect growing cracks and qualitatively assess their rate of growth.
Put MTCH on your watch list, it could turn out to be a huge bounce play!!! The SF bridge is just one of thousands of bridges in America that is aging. We are going to need the technology from MTCH to keep us safe.
Do your research and consult with your own financial professional. Start at: http://www.matechcorp.com
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