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Bullboard - Stock Discussion Forum CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial... see more

TSX:CEMX - Post Discussion

CEMATRIX Corp > Initiated a small position in Cematrix today
View:
Post by Aarman4 on Mar 23, 2021 12:10pm

Initiated a small position in Cematrix today

I initiated a small(for me, might be huge, or tiny, to others) in Cematrix today. My average buy in was 0.5887.

I still have ongoing concerns about the dilution, but even if I pay double my price(1.18) for the shares, I feel I am still getting a bargain right now with current contracts, margin levels, and industry tailwinds along with what I believe will be a conversion over to their product in many areas going forward for the foreeable future.

I may purchase more in early April, especially if the price stays in the area it is at right now or lower.


Cheers for all of the help, especially KingScorpion!
Comment by freeedom45 on Mar 23, 2021 12:42pm
Started small position today as well @ $.58... Will take the other half position when and if it fills the gap. I'll be waiting down there patiently. glta
Comment by kingscorpion on Mar 23, 2021 12:59pm
Congrats freedom and Aarman I must say that what happened yesterday could happen today and finish flat once again as total short volume traded catches up to total short volume. You all know all these short position has to be covered and will be catalysts moving share price up and moving up like it's going parabolic. In the meantime be patient Our time in the sun shall.come
Comment by Aarman4 on Mar 23, 2021 1:55pm
Absolutely... I actually hope it does drop a bit more for the next few weeks so I can add more... I have a feeling they might get a bit of a US bump soon when their are fully signed off infrstructure announcements, and when their next acquisition takes place... Looking forward to the next few years and hopefully longer! My dad would be happy to know I am in the cement business now, but not in the ...more  
Comment by kingscorpion on Mar 23, 2021 3:06pm
Rise CVX Rise Like the Phoenix from the ashes Riseeeee
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