shorting MATW

We now short Matthews International Corporation, MATW, last at $28.96

Per the company's profile on Yahoo! Finance, "Matthews International Corporation designs, manufactures, and markets memorialization products and brand solutions for the cemetery and funeral home industries in the United States, Mexico, Canada, Europe, Australia, and China. It operates in six segments: Bronze, Casket, Cremation, Graphics Imaging, Marking Products, and Merchandising Solutions. The Bronze segment provides cast bronze memorials and other memorialization products; cast and etched architectural products; and builds mausoleums."

Read more by clicking this link.

The company will release its 2nd quarter report Thursday April 23.

Despite the massive general market rally over the past month, MATW has gone down.




The longer-term trend is self-evident.





Given the continuing deterioration in the economy, we doubt companies such as Matthews will do well going forward.


Click here and here to view informative news videos about some common rip-offs in the $15 billion/year funeral industry. Please note that in no way do we suggest Matthews is in any way involved in, associated with, condoning of, or benefitting from such practices. We merely offer this information we feel everyone should to be aware of.

Further regarding scams and wasted money, please recoil in horror at the "Bailouts and Bull" series by John Stossel.



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