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MTCH
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mickymoose99
Member 		# Posted: 28 Dec 2009 06:00
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MTCH
just off the 52 week lows,MACD is about to cross to the upside,closed on thursday on a short term trendline dating back to 11/23

should be support,50 day is at 0.08 and the 200 day is at 1.15, imo, a big upside in this one

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zstocks
Member 		# Posted: 28 Dec 2009 07:36
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Check out the news this morning on MTCH!! Trading w/ massive amounts of volume this morning..


MATECH Expects to Benefit From Potential $150 Billion Surge in Federal Stimulus Spending
Highway and Bridge Construction to Comprise Significant Portion of Stimulus Expenditure

.Companies:Matech Corp..Press Release Source: MATECH Corp. On Monday December 28, 2009, 7:30 am EST
LOS ANGELES, CA--(Marketwire - 12/28/09) - MATECH Corp. (OTC.BB:MTCH - News) (www.matechcorp.com) is pleased to announce that Company expects to benefit from a substantial increase in federal spending focused on job creation through infrastructure development among other initiatives recently proposed by President Obama.

New highway and bridge construction and other infrastructure development projects would comprise a significant portion of this new spending initiative along with a focus on other potential job-generating programs such as small business tax cuts and retrofitting millions of homes to be more energy-efficient.

Using its revolutionary Electrochemical Fatigue Sensor (EFS) System, the only nondestructive technology capable of detecting growing cracks as small as 0.01 inches, MATECH expects to significantly benefit from the proposed increase in federal stimulus towards infrastructure development and maintenance projects. MATECH's Sensor EFS System has proven its efficacy on over 40 bridges in 10 different states and on railroads across the nation.

"President Obama has repeatedly called for using federal spending to secure the nation's infrastructure as a means of job creation and improving the economy," said Robert M. Bernstein, Co-CEO of MATECH. "Should these additional measures be taken, we anticipate that MATECH and our effort to secure the nation's infrastructure will benefit enormously."

MATECH has a proven track record of saving bridge owners money through improving bridge management and public safety with its cutting-edge EFS System. Through eliminating subjectivity of inspections for cracking in bridge members (the FHWA has stated that 90% of these cracks are missed with the usual visual inspections), MATECH is helping to eliminate wasted funds by prioritizing repairs and verifying their effectiveness immediately.

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