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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.


TSX:SXP - Post by User

Post by Fallbackonon May 13, 2021 9:40pm
137 Views
Post# 33201043

departure

departureToday, the stock price was conspicuous by its lack of strength.
My personal take is that:
In the beginning of march, the CFO departed. 
on may 28, Robert. B. Young, president of the Supremex packaging division, will be leaving the company.
this make some investors nervous and give a negative bias to the stock price and .
For the past few weeks, a few investors had a large number of shares to sell for whatever reason.
My opinion opinion is that with almost 400,000 shares traded today, their selling has been satisfied.
I think that over the next few weeks the stock will show a slow upward momentum.
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