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Bullboard - Stock Discussion Forum Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Forest Products Paper & Paper Products
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 > Profit Taking
View:
Post by DanielDarden123 on Feb 11, 2023 11:21am

Profit Taking

It is not unusual for portfolio managers to lock in profit at the first sign of weakness after a runup. The greed of January seems have turned to fear of more hikes now so protecting capital may be occurring. If that is the case, selling unrelated to SXP fundamentals would be happening.
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