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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 > So if this breaks from consolidation, insider dump?
View:
Post by ThePower on Jun 28, 2021 10:42am

So if this breaks from consolidation, insider dump?

Still holding 50,000k shares and I completely understand patience as this grows its backlog and revenue, but this is getting depressing. I can't even blame the day traders or shorts, it's the company itself that is keeping the price down.

This isn't a FUD post, but we're back to that range. Massive bid wall at 0.50, while only a few asks at 0.51 and an ask wall at 0.52. The stock can't even break from this consolidation because the company itself will exercise cheap options and then just dump in the money. Or just dispose of 2 million shares in a cross trade that tanks the price. 

And I'm not even touching on the 3:59:59 seller that drives the price down every other day. 

DEPRESSING. Hopefully it will be all worth it in the end.
Comment by kingscorpion on Jun 28, 2021 1:02pm
1st of you can't day trade this stock not the way its moving A day trader looks for a volatile stock. PYR would be more of a day traders paradise The range on that stock would be a good .40c. CVX on the other hand .02 c if that and takes way too long for price to change If you are day trading this you have no idea what you are doing then. The stock is very stable the problem is we are very ...more  
Comment by kingscorpion on Jun 28, 2021 1:37pm
With a high volume of shares trading again It looks like it might be more than 2 mil of shares being cross traded for this individual investor If anyone finds out please let us know
Comment by Kalsabor on Jun 28, 2021 2:40pm
could we take it as a sign of an aquisition soon ?
Comment by Aarman4 on Jun 28, 2021 6:46pm
Either you are embellishing your feelings, or you are very new to investing. Depression is a serious thing, and should not be taken lightly. Do you need a number to call? I am not joking, I am being serious.... Are you? Might I recommend blue chip dividend stocks? They are way too stressful to me personally, but you might prefer the predictability of the process there. It doesn't take long ...more  
Comment by ThePower on Jun 28, 2021 7:37pm
If you think me using the word "depressing" seriously, and not just an obvious hyperbole then maybe you need to get off the internet and go outside. But, you have a good point. Still, when insiders get rid of shares well below the price of a private placement and right as construction season kicks in, it's warranted to raise a few eyebrows.
Comment by kingscorpion on Jun 28, 2021 8:22pm
Power don't forget the warrants can only be exercised when the s.p.goes over .82c otherwise institutions lose millions of $$ as warrants become worthless and total shares outstanding will stay the same as 115 mil, and yet the $23 mil cash CVX gets to keep. This is the money already in the coffers they intend to use it to make acquisitions with. So it's imperative for these institutions to ...more  
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