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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 > I really hope it's just whales wanting to load up cheaper
View:
Post by ThePower on Apr 12, 2021 6:14pm

I really hope it's just whales wanting to load up cheaper

This constant rise through the midday, only to be brought down right at the last hour of close is really annoying. 

For the past weeks every time this goes to 0.62 or beyond, it gets sold off at the end of the day. Who (asides from the shorts) is benefitting from this stagnant price action?
Comment by Kalsabor on Apr 12, 2021 7:26pm
market manipulation, they want to shake weaks hand/ day trader that expect 120% return in a week. That way they can rake every share they can before opening the valve and bust at .80$ leaving the cheap buyers behind Just my 2 cents
Comment by vinmick on Apr 12, 2021 8:29pm
Go to stock watch and see what CIBC did.  Sold a load at 15:59:59 to keep the stock down. This is turning into ground hog day. 
Comment by ItsDolph on Apr 12, 2021 8:31pm
Seems like it is being kept down for larger buyers to accumulate more IMO. No reason for us to be down this much today and hitting short term lows after positive comments by McWhirter. As soon as the buying starts after his comments the ask "lots" at .61 start to increase in size and absorb all the buying not allowing the stock to rise. Once the buying dies down, it starts getting ...more  
Comment by kingscorpion on Apr 12, 2021 9:18pm
keeping s.p at this price range could mean someone or ones are accumulating Yes it is annoying but know that it will be these guys moving the stock when the time comes. Accumulate where you see fit. I am accumulating holding and not DAY TRADING. This accumulation mode, the longer it continues the higher it will climb. The chart technicians measure the length of accumulation and project upward same ...more  
Comment by kingscorpion on Apr 12, 2021 9:29pm
By the way the warrants at .80c can only be exercised only if the s.p goes up and beyond the .80c and stays there for a duration otherwise These institutions will lose millions of $$ on their warrants All I can say is rest assured as long as fundamentals of the company is sound the s.p will start to rise Just hold on to your tree trunk and don't let go of your shares
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