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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Forest Products Paper & Paper Products
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

Supremex Inc > Stock price dive
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Comment by hawkowl1on Feb 10, 2023 12:21pm
80 Views
Post# 35279889

RE:Stock price dive

RE:Stock price dive

This could be a deliberate dump to flush out sellers prior to news of going private .
I have seen this happen with energy companies prior to a take over bid. Whoever is selling today is part ot the scheme along with naive investors with margin calls or stop losses getting triggered .

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