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
kingscorpion on Mar 23, 2021 3:06pm
Rise CVX Rise Like the Phoenix from the ashes Riseeeee