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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 in two reporting segments: the manufacturing and sale of envelopes... see more

TSX:SXP - Post Discussion

Supremex Inc > Up and Down
View:
Post by Undeniable on Oct 18, 2022 3:14pm

Up and Down

On October 12, this stock was $4.16,.. I looked at news releases and I am not seeing a reason for this increase. I own it as well,.. it is swinging up and down,.. can't see news releases to explain why. Pumpers and shortsellers?
Comment by HermannHaller on Oct 19, 2022 7:35pm
The whole market is very volatile and small caps can bounce around a lot. I wouldn't conclude it's anything specifically related to SXP. Too small and illiquid to be a target for those characters.
Comment by DanielDarden123 on Oct 20, 2022 11:23am
Volatility is an astute investors best friend as it provides opportunity to acquire undervalued shares which are sold for a vast variety of reasons. News releases are seldom the sole driver of stock movement.