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Bullboard - Stock Discussion Forum Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an Industry Internet of Things (IIoT) company. The Company’s segments include Software licensing, Hardware, and Support services and installation. Its flagship product, MERLIN Tempus, is a software-driven communications platform that delivers manufacturing productivity metrics, including Overall Equipment Effectiveness (OEE) in real time. MERLIN... see more

TSXV:OEE.H - Post Discussion

Memex Inc > RE:RE:RE:the regular penny bounce
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Post by Duster340 on Feb 16, 2021 10:27am

RE:RE:RE:the regular penny bounce

i did invest cash here, glad i doubled down a while back when it was 2 cents. got my avg to 3.25 oee back up to 4 cents in the money lol, i think it will move higher as thinks get back to normal
Comment by kalman007 on Feb 16, 2021 12:58pm
I don't know why you think it will move higher when things get back to normal.  Pre-Covid, when things were normal  the share price was just as bad.  no news, no strategy, no direction. I have said before many times that either their IoT technology sucks or if it is good then it's the executive management.  one of the two needs to change to get this company moving jmo
Comment by duffmeister on Feb 18, 2021 6:48am
There are a couple of reasons it could move much higher despite its struggles to date.  First, look at the Venture index chart which has basically tripled since the lows last April.  Second, IIOT is still just catching on and with 5G now rolled out and an increased focus on manufacturing in North America, the take-off may finally be near.  I would add that there is a lot of pent-up ...more  
Comment by kalman007 on Feb 18, 2021 12:07pm
Duffmeister, While I must admire your optimism, i think you're delusional to think that David McPhail can pull it off.  As I said earlier, the pandemic and government handouts allowed this company to stay afloat and if not for that, they would have folded due to poor sales, direction and incompetent management.  You can go back to two years before Covid-19 and it was the same ...more  
Comment by duffmeister on Mar 02, 2021 6:15am
The AGM is coming up soon so there's the chance to show up and vent.  If the top guys took pay cuts and cancelled their vehicle allowances since no one is driving these days maybe they pay off their loans sooner. I agree they haven't delievered for shareholders and the Covid excuse can only go so far.  Not adding to the Board either, so looks like more of the same.  What did ...more  
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