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

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CEMATRIX Corp > Oil companies vs CVX

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Post by kingscorpion on Jul 14, 2022 4:51pm

Oil companies vs CVX

Wasn't a few years ago when the oil and oil related stocks took a HUGE dive to a point that oil per barrel was actually in the negative and all stocks were down 90%-95% from their highs. Investors got in when they were most hated WCP for example from a high of I believe $30 down to just .40c Their Q earnings were in the negative for few quarters and were bleeding cashThen with the rise of oil WCP, from that .40c all the way up to recent high of $12 and change So now similarly CVX is close to its bottom and soon investors will pile up on it and it will rise in a similar fashion it won't go up to $12 I wish it did!! but any good news can propel the s.p up and up. Please don't tell me oil companies and cvx are different. Yes they are different but, not the trading method or the market makers behind all these stocks!! Insider buys need to increase Contracts at hand need to be above $100 mil and quarterly revenues should not be less than $8 mil

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Comment by prospector001 on Jul 14, 2022 5:25pm

Totally agree - for some proof in real time check out what has happened the last few days to Simply Better Brands (SBBC) on the Venture. The MM's had beaten down that stock also to a low of around 0.175. Not sure where price is headed for CVX but it will definately not stay at this level for long if they can show profits! GLTA!

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Comment by kingscorpion on Jul 14, 2022 6:39pm

Well said prospector All I am saying is, these prices are NOT its true value and just like WCP CPG and many other oil companies that have lost 90-95% of their value, then rose to highs of few 1000%, it will rise to more proper evaluation when the time comes. So all these cheap prices are a SCREAMING BUY for CVX if you invest long term. When the CEO comes out and says the stock price will be much ...more

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Comment by prospector001 on Jul 15, 2022 7:19am

Please do not take this post as a promotion for SBBC - it is only an example of some extreme shorting. After doing some DD, I think that CVX is a far superior bet long term! GLTA!

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Comment by bushman33333 on Jul 14, 2022 6:18pm

This post has been removed in accordance with Community Policy

Comment by kingscorpion on Jul 14, 2022 6:44pm

Yes Bush I don't like it anymore than you do that they have to reward their employees at the worst time but this is NOT the 1st time I see this happen and yet after rewarding employees BOD and so on the stock starts to rise. Last time I mentioned to Ken that insiders need to step up. Well they sort of did. Your best friend Kim so far has bought 150k in last 1.5 months

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