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Bullboard - Stock Discussion Forum Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an industry internet of things (IIoT) company. The Company’s manufacturing operations management system (MOMS) software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP, and Ax2245 ScanGun Bar Code Scanner. The Company is engaged in the development of MERLIN Tempus, a platform that... see more

TSXV:OEE.H - Post Discussion

Memex Inc > vicious cycle
View:
Post by kalman007 on May 27, 2021 4:47pm

vicious cycle

Dont get too excited.  I've been here for a long time and it will be back to .025 or lower by the close tomorrow.  It's a vicious cycle and you can see that pattern historically when releasing numbers. They put a positive spin of the financials and that sparks temporary interest, then back down.  The financials mention NOTHING about any future strategy.  It's the same old. 
5MM shares trading means a whopping $75,000 buys and sells.  Better strategy is to ride the peaks and valleys on this one.  Now, if the next PR mentions a new CEO, then it will fly! jmo
Comment by Duster340 on May 28, 2021 9:34am
might see 4 cents today or higher, should see some buying action does not get any cheaper than rock bottom. and with the border to re-open sooner than later, buisiness will be improving this should be a no brainer.
Comment by kalman007 on May 28, 2021 12:12pm
the border was open for years before covid hit.  they couldn't do it then so what makes you think they will now?  i agree that at 2 cents it's worth the risk. This company would be long gone if not for the covid handouts.  
Comment by Duster340 on May 28, 2021 2:23pm
They laid off 1/4 of the work force when covid first hit. something that probly should have been done long before. most likely mcphails buddies collecting big money for doing nothing a bunch of hanger oners lol. Memex Streamlines Operations ACCESSWIREMar 12, 2020 4:45 PM EDT BURLINGTON, ON, / ACCESSWIRE / March 12, 2020 / Memex Inc. ("Memex" or the " ...more  
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