Cemtrex Inc (CETX)

[akamaii]

I haven’t double dip buy yet it has to be close to rebounding I would think a pr has to be close unless they can’t say anything yet I will double dip but my entry was low. I woulda sold seems nowadays it’s a double back to back raise. They killed they own stock for they buddies. It’s a low float it can run 100 easy with news. Hate double dip buying def being manipulated. The good ones always get manipulated

[lucky2505]

I'm not saying it won't make a run back above the price of the last offering; that wouldn't surprise me, but only the Govils know when they are going to pump it. Good luck to you however you play it.

[akamaii]

Ok lucky

[lucky2505]

The suckers who believe the price has to shoot up because institutions bought in don't seem to realize that shorts have to get their shares from someone, and institutions could well be that "someone" because they would make a lot of money lending out their shares. Price appreciation isn't the only way they can make money on CETX.

[Lou2x]

Lucky, and a great job of it you do! They can't read that I'm the short player on this doggie and they can come all they want bc I rarely hold anything overnight....Lmao

Lou

[lucky2505]

Nope. Never bought a single share of CETX. I got burned by a scam decades ago when I first started investing. I exposed it and enjoyed it tremendously. I've enjoyed exposing scams ever since.

[akamaii]

Ok so you got burned and now have it in the co you got split

[lucky2505]

Well, since I've NEVER shorted a stock, that really doesn't register on my worry index; but come ahead. I'll throw some steaks on the grille.

[akamaii]

Best believe I’m coming for ya you and that clown shorting out of style here learn we gonna open at a gap soon

[akamaii]

I’m loaded on atos covid ne t week but but I’m still not even ready to load more on Cetx lol

[lucky2505]

Down .16 to 1.84. But.....but.....but....

[akamaii]

Looks like a bear trap here

[lucky2505]

Btw, I did some back of the envelope calculations and found that Cemtrex wouldn't have averaged more than 50 (probably closer to 33) SmartDesk sales a month for fiscal 2018 and the first three quarters of fiscal 2019. My sources are the company's SEC filings and its press releases. Of course, by the end of the third quarter 2019, the desks were no longer being sold on NewEgg and were being shown as perpetually unavailable on the Cemtrex web site. They have only recently become available again, and the asking price is still heavily discounted (by up to 50%) from the original price of $4,999. I'd be happy to provide the gruesome details of the failed Cemtrex SmartDesk.

[lucky2505]

If the SmartDesk was going to succeed, it would have done it by now. It hasn't. It is a complete failure. Anyone can buy Sunell's security camera and slap their name on it. Much larger companies with established distribution channels have already done so. Vicon doesn't stand a chance against them. Cemtrex is not a growth company; it's a scam which exists to enrich the Govils who are con men because they aren't smart enough to make it as legitimate businessmen. Anyone who thinks otherwise hasn't done even the most basic of due diligence.

[USAMade]

Its a growth company/stock, it has to raise capital to grow its business, not sure if I am missing something but I don't see anything unreasonable with management. I believe management is doing a good job growing the company, getting away from the low margin ECM sector was the best move.

[akamaii]

Gap open soon here these shorts playing with fire shorting is out of style this season boys

[akamaii]

I’m fine here bought this below this 205 the good ones take longer manipulation will gap up soon

[lucky2505]

Its value is as a printing press for the Govil crime family.

[lucky2505]

Smart traders will always make money shorting scams such as CETX.

[lucky2505]

Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed.

https://finance.yahoo.com/news/cemtrex-inc-regains-nasdaq-listing-130010469.html

And, thus, with the SEC’s blessing, these scams are allowed to operate for decades.

[akamaii]

It’s being accumulated by some group once they load this will be 10 big blocks going threw low float

[USAMade]

the capital raise will propel its Augmented and Virtual Reality (AR & VR) business to the next level. its going to be big. very undervalued.

[akamaii]

Once it does 5 all it takes is one pr and week time. Shorting is becoming out of style lately gl

[Kingsolomonspoolz]

Wait what??? How so?

[barnyarddog]

https://www.cemtrex.com/

[lucky2505]

Not a scam they make 49 m a year.

Enron claimed it made over 100 B a year........before its collapse.

[akamaii]

All I know is I’ll be 5 before 1 dollar if you short be careful covid will come around you see the sell off already and this co has thermal cameras and cameras for the thugs etc

[lucky2505]

CVI Investments’s state of incorporation is the Cayman Islands. The business address is P.O. Box 309, Ugland House, Grand Cayman E9 KY1-1104.

https://sec.report/CIK/0001649553

When Barack Obama criticised tax havens, he singled out one building on Cayman, Ugland House, which he claimed housed “12,000 corporations. Now, that’s either the biggest building or the biggest tax scam on record.” But Obama got it wrong – there are closer to 20,000 companies registered there, and 100,000 companies in Cayman as a whole. They include ones linked – or that have been linked in the past – to a bewildering array of British household names: Tesco, Sainsbury’s, BP, Manchester United – even the National Grid. In total, Cayman is home to nearly twice as many companies as people. Which is odd, because when I went to find them, there wasn’t much physical evidence of their presence. But they’re here all right, on paper.

https://www.theguardian.com/us-news/2016/jan/18/the-cayman-islands-home-to-100000-companies-and-the-850-packet-of-fish-fingers

[lucky2505]

As I’ve always said, investigate any association that Cemtrex makes and you will find something shady. Here is some info on one of the institutions buying CETX shares.

In our fifth Investor Warning focusing on third-parties, we will be taking a closer look at CVI Investments. This is a name many penny stock traders are likely well acquainted with as it often pops-up in the ownership filings of companies that tend to enjoy remarkable and often times short-lived parabolic runs.

During 2018 and 2019, CVI Investments filed Schedule 13G ownership forms for 41 companies. The vast majority have since experienced significant decreases in their share prices, in some cases greater than 99%. The average annualised rate of return for 39 of these 41 companies is a horrific -%42.

https://utopiacap.com/2020/04/21/cvi-investments/

[akamaii]

Not a scam they make 49 m a year.

[Lou2x]

"I'm with the government and I'm here to help you" is so appropo with the SEC. I've watched them destroy small companies that disagreed with their agenda and watched the Enron's go on forever. Corporate bankrupcy laws are just as bad and provide scammers to continue even with large caps....

[lucky2505]

Yeah, it's a shame the SEC doesn't do a deep dig into this scam. I'm sure it could find enough manipulation in the trading this month alone to hand the DOJ a case that would put the Govils behind bars for several years. Of course, it will never happen. Even if the SEC took action, it wouldn't go beyond the typical civil trial and standard slap on the wrist. Arun and Saagar wouldn't break stride in defrauding the dupes. So much for the SEC's stated mission of protecting investors!

[Lou2x]

Hi Lucky!

Wish I'd had a peek at this news yesterday......Lmao Here we go again printing $$$......

Lou

[Golden Cross]

CETX Cemtrex, Inc. Announces $5.4 Million Registered Direct Offering Priced At-The-Market

[Tower of Hanoi]

CETXW player here.......


MY OPINION ONLY, MAKE SURE YOU UNDERSTAND WARRANTS AND THIER INSANE RISK!

[lucky2505]

CETX and DGLY scams are eerily similar. Smart traders will make money playing them.

[ClayTrader]

* * $CETX Video Chart 06-09-2020 * *

Link to Video - click here to watch the technical chart video

[Lou2x]

covered the other 15500 at avg 3.13......nice day....

Lou

[Laster]

Bought some premarket today.
Chart looked poised to move.

David

[~MulaGreen~]

^$ eom

[Lou2x]

covered 9500 at 2.99......waiting to see next move. Never seen so many small trades cross the tape.....

Lou

[cjstocksup]

I sold and took profits. GL everyone.

[Lou2x]

Hey Lucky!

Never in my wildest dreams would I have thought this puppy could have ever made me so much $$$$. I don't know how he keeps doing the same p&d but I need to send the boy a Christmas present! 25k averaged at 3.6 today is just unreal.....thx as always....

Lou

[~MulaGreen~]

CETX:Kungrats to You CJ and Myself!!!It's Paying very well today!!!^$

[chadventure]

Gee, you can get preferred shares paying a dividend for 2.30 vs 2.60 at the moment

[akamaii]

Someone s holding this down here wants more I guess

[lucky2505]

It all depends on how much Saagar Govil is going to spend to promote it and how effective the pump is; and he pretty much has to rely on traders to move the stock now. I mean, the price has plunged approximately 97% since the start of 2018. That sort of action will send the dumbest of dumb investors running for the exits.

[Jongkey]

I wonder when this will bottom.

CJJD watch it also

[FRED8]

Nice.

[ROCKY LEDGE]

2.29

CETX