Bullboard - Stock Discussion Forum Ceapro Inc V.CZO

Chemicals Specialty Chemicals

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human... see more

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TSXV:CZO - Post Discussion

Ceapro Inc > price jump

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Post by westcoast1000 on Oct 15, 2020 3:36pm

price jump

The SP is up over 9% on only 21k share of volume. This shows very few shares are for sale and the longs are holding strong in anticipation of upcoming news and the obvious potential. Again, recall this is a "de-risked" growth stock and a value stock. Now if it were a classed as momentum stock also, then we would be in good shape.

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Comment by Ciao on Oct 15, 2020 3:59pm

There are a few other shares traded on the tier 2 exchanges, taking volume to a total of about 55K so far today. Yesterday the stock was trying to break out, until selling with 13 minutes left (about 40K in those last few minutes) took it negative and yesterdays total volume on all exchanges was 150K. Stock is still building a base after the selloff a few weeks ago, ready to move up on news. .70 ...more

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