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Bullboard - Stock Discussion Forum Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the... see more

TSX:SXP - Post Discussion

Supremex Inc > departure
View:
Post by Fallbackon on May 13, 2021 9:40pm

departure

Today, the stock price was conspicuous by its lack of strength.
My personal take is that:
In the beginning of march, the CFO departed. 
on may 28, Robert. B. Young, president of the Supremex packaging division, will be leaving the company.
this make some investors nervous and give a negative bias to the stock price and .
For the past few weeks, a few investors had a large number of shares to sell for whatever reason.
My opinion opinion is that with almost 400,000 shares traded today, their selling has been satisfied.
I think that over the next few weeks the stock will show a slow upward momentum.
Comment by bucheroncapital on May 14, 2021 9:36am
The environement and the actual numbers sure suport youre thesis , we need patience a this point that's all !
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