Dogtex(Cantex) BUY SELL OR HOLDIs this a Buy sell or hold well lets look into the history of this company almost trading at the record low. I have been in this dog for more than 16 years in the day it was called Goldex the Bre-x scandal totally ruined small caps for years.
If the fed puts us into a recession with raising interest rates this probably put these commodity stocks on the back burner with less supply needed to accommodate world supply. This stock I have always given the benefit of doubt ,Every single time this company lets its share holders down.
Chuck now has millions of shares. What happens to his shares when he passes on. My guess it will flood the market hence a lower stock price.
Maybe you young shareholders have the patience for this dog but do not be there as long as I have.
With that being said be careful out there. I think we are heading lower out there.
Earnings week is fially here for oil stocks they are going to be record earnings sell into strengh and put the money any where else but Dogtex.
CHEERS