Supremex Inc T.SXP

No buyers ,no sellers..

[hawkowl1]

There is no reason to buy SXP if they dont intend on restarting a generous dividend. Sellers are pretty much done. Announce a dividend and stock pops with huge volume.
Announce another acquisition.. nobody will care.IMO

[hawkowl1]

Jerry Zucker fund is most likely logical candidate to take out SXP. Therefore a strategy of showing weakness in share price by manipulation which is quite obvious in such a thinly traded security in order to offer a low buy out price such as $3.40 per share. There is no rhyme or reason for this blatant mispriced stock.Not sure what is going on behind scenes.Board of directors ,management

[shareholders1]

There are many boards with posts that suspect price manipulation. For value to surface you need more buyers than sellers, I personally think it is as simple as that. Spring 2020 the SP was under 1.20 - was that manipulation? Not too long ago it was under $2. Some stocks, and likely most stocks, never reach their full valuation potential without a 100% takeover. I think SXP is one of those

[hawkowl1]

One issue I forgot to mention still lingering likely affecting share price is covid. 

[hawkowl1]

Add Federal Reserve statement Wednesday.. over 6% inflation and interest rates almost 0. When will Powell raise interest rates. He is wayyyy behind the curve. . 

[Capharnaum]

With inflation being mainly in cars, energy, food and lodging, it's hard to tell whether inflation is due to the economy or not. Car prices have gone up yet car sales are down. Energy costs are up mostly due to lower production (instead of higher demand). Energy demand is overall still under 2019 levels. Food prices have gone up which isn't directly supported by increased demand either

[Torontojay]

  The Feds are expected to raise interest rates 3 times in 2022 which is much needed to curb inflation. Inflation can come from the supply side or the demand side. If a business is experiencing a supply chain issue; I.e a car manufacturer, then they dont have the goods to sell to the consumer even if the demand is there. If sales are down then it doesn't necessarily imply that the

[Capharnaum]

If you look at real GDP rate,I think you need to compare with 2019. For Q3 2021, then real GDP increase would be at less than 1% yearly from 2019. Comparing with Q3 2020 gives a healthier number only because Q3 2020 was below from Q3 2019. The problem with inflation, is that if it's not caused by higher demand (but by lower supply), lowering demand will lower your long term GDP growth even

[2young2invest]

In which sector there is no inflation?

[Capharnaum]

If you look at all items less food and energy (which includes cars and lodging): https://data.bls.gov/timeseries/CUUR0000SA0L1E&output_view=pct_12mths The average inflation rate from nov 2019 to nov 2021 is 3.25%. Within that increase, price of new cars is on average +6.35% since 2019. Used cars is even higher (can't track 2020, but from nov 2019 to nov 2021, it's at +31.4

[Torontojay]

This statement here is a bit of a stretch. If inflation reduced dramatically without any measures by April then there would be no need for 3 planned interest rate hikes in 2022.  Given the fact that we are dealing with a new pandemic again I fully expect more supply chain issues once again. One important piece of the equation which most people neglect is the price of real estate and that

[Capharnaum]

Well, shelter costs are measured too, you can find the data where I posted which includes "rent of primary residence". Shelter costs inflation from 2019 to 2021 was 2.85%. The higher price of housing (as in buying) doesn't lead to direct and straight inflation to everyone. If you are going from renting to buying a house, the slope will be steeper. If you already own a home, you don&

[Capharnaum]

That's why all stocks that don't pay dividends inevitably slowly drift down to zero, ain't it?

[hawkowl1]

I have better things to do than to get in pissing match with you. So will just put you on ignore.

[shareholders1]

? ? He made some resonable observations, and there were not made in nasty fashion. 

[Capharnaum]

I think he disapproved that I didn't agree that the only thing that could get a share price up is a dividend. I guess I could have phrased my response differently, but I thought it matched the spirit of his original post. Anyhow, going back to Supremex, it's a pretty boring stock between financial reports, with low volume driving the share price (up and down).