Being an avid basketball fan, I've always believed a miss is just a miss - especially to a shooter in a slump. It doesn't matter if it rolls out or if it's an air ball, it's still a miss and just a miss. Shake it off and pull the trigger again. But, the shot not taken is always a miss - 100% of the time.
Stock-picking isn't basketball. In stock-picking, the shot not taken may simply be worthy of a good hard critique regarding one's decision-making. Matrix Service Company (NASDAQ:MTRX) was one of my 2013 shots not taken.
Matrix Service provides engineering, fabrication, construction, maintenance and repair services. The business operates in four segments: Electrical Infrastructure, Oil, Gas,...
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