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Currency Exchange International Corp T.CXI

Alternate Symbol(s):  CURN

Currency Exchange International, Corp. is a foreign exchange technology and service provider. It provides a range of foreign exchange services to clients in the United States and through its subsidiary, Exchange Bank of Canada, in Canada. The Company provides comprehensive foreign exchange services, risk management solutions, and integrated international payments processing technology in North America. Its technology platform, CXIFX, delivers foreign currency services, such as foreign banknote exchange, foreign and US travelers' cheques, foreign and US travelers' cheques, foreign draft issuance, global EFTs and international wire payments. Its foreign bank note exchange services, which enable customers to buy and sell more than 80 foreign currencies from around the world, remove teller errors with its automated transaction process and updated banknote verification images and others. It serves various industries, including travel, technology, payroll, healthcare and nonprofit.


TSX:CXI - Post by User

Post by ValueCapon Jul 15, 2020 9:13pm
368 Views
Post# 31273752

Large volume. Net Cash value = market cap

Large volume. Net Cash value = market cap

Large volume last two days. Likely hedge fund buying. Over $3.6 million worth traded in the last two days, mostly block trades. 


Net Cash inside company is about equal to market cap. 

This is a play on resumption of travel by Americans at some point. Good money to be made on a rebound here.  

I entered at 10.72. Would buy more if it went lower 

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