CEMATRIX Corp T.CEMX

2M Share X-Trade

[kulewater]

Looking at the L2 trades it looks like there was an organized crosstrade at .51 for 2M shares between two parties.

These are usually a good sign. Cross-trades occur when a seller and buyer have an agreement at a prescribed price to make a trade. It is how an orderly market operates instead of one side selling into the BID and the other trying to nail the ASK.

This is sometimes due to the Seller needing to exit a position for any number of personal or professional reasons: divorce/seperations, estate liquidations, rebalancing of portfolios, etc.

With the overhang of this exchange out of the way it opens the door for the stock to move up without the previous resistance of 2M shares. There could be more on the way.

We should see the effect of this volume begin to show up next week. I am bullish on this company although I believe management can be significantly upgraded.

[kingscorpion]

Precisely my thoughts It was a cross trade but I didn't count all the trades cause it didn't list all the trades and I only found 1.7 mil but 2 mil you mention is perfectly alright. For them to agree on a price suggests one buying the 2 mil shares does not wanna see the share price below .51c and is a good support level going forward if this individual holds long term which I think he will

[techstocks22]

This post has been removed in accordance with Community Policy

[vinmick]

What does your garbage have to do with CVX?  WRONG BOARD FRUITCAKE.

[vinmick]

Sorry read the article.  Absolutely there is brutal manipulation going on with CVX.  HAS BEEN FOR MONTHS.