Cemtrex Inc (CETX)

[ROCKY LEDGE]

2.29

CETX

[Lou2x]

Amen

[maximumgriff]

Ahh, but it’s a nice trade! This one will make a lot of people some good dough on both sides! We traders, that’s why we here, no? Bring on $5

[Lou2x]

Hi Lucky!

Once again, right on the money. The secret is to move the share at anything over 1.80. If this is still over 2.5 when the volume dries up(and it will dry up), I'll initiate another short ...... I'd prefer that to be north of 3, but it will be what it will be....LoL

Lou

[lucky2505]

Obviously, since Cemtrex CEO Saagar Govil paid Ong. Sripetch $150,000 to pump the company, he would like to get the stock price as high as possible; however, the people who believe the direct offering to institutional investors means CETX has to soar to $3, $5, or higher need to do some math. Anyone who buys the 3M+ shares for $1.80/share would make over $30,000 profit if they could only sell for $1.81/share. With a pump driving the volume up, they could probably dump the shares in a day. And we already know the notorious reputations of some of the institutional investors who invested in Cemtrex in the past. We already know that Cemtrex settled the class action lawsuits charging it with stock manipulation rather than take the matter to the courts even though Govil had declared the company would "vigorously defend" itself. It isn't by any means a stretch of the imagination to think that the Govils or crooks with whom they have been known to associate could be the people to whom the institutions will funnel the shares. Of course, Saagar wants to make as much money as he can; after all, his business is selling shares of CETX to dupes, but he doesn't have to make a huge profit per share to make a nice profit overall. Unfortunately, the folks who buy during a pump and hold waiting for the "inevitable" to-the-moon price rise don't understand this.

[cjstocksup]

I look at my CETX the same way I looked at GNUS when they did their offerings. CETX should skyrocket soon after. The difference is CETX has a small float and OS and we only added 3 million shares in this offering. Starting tomorrow and next week we should make our way back over $3.00 soon and IMO likely $5.00 on the next leg up the charts. If GNUS could see $8.00 today and just had a 1000% run in a short period CETX should be able to see $3.00 and $5.00 soon.

[Lou2x]

pump it up over 3 again and I will be short again.....Lmao

[maximumgriff]

Well, you better cover your ass if you haven’t already

[Lou2x]

Lucky,

LMAO......and they wonder why I short this dog every time it gets pumped up. My MM buddy told me last night he couldn't get in another short position bc of the lineup of sells waiting for the open today......this pos is amazing......

Lou

[lucky2505]

Yeah, I probably should have just stated some facts to show where the Sunell/Vicon camera is headed. Remember the Key Tronic deal where Saagar offered to give CETX shares straight up for KTCC shares even though the KTCC shares were trading for twice as much? Of course, he never actually picked up the phone and talked to Key Tronic, but that company got a big laugh out of the offer anyway. And the Periscope acquisition was a dilly. ROB Cemtrex only had the company for about a month before it had to close the Paderborn facility and put those 120 or so poor folks out of work. I don’t know. Maybe Saagar just couldn’t concentrate because he had the “strategic partnership” with Lucyd on his mind. Whatever happened to that? Oh, yeah, that’s about the time he started having wet dreams about the SmartDesk. Oh, and Lucyd got outed as a scam, too. Say, have you heard anything about the VR game Ultra85 lately?. It was scheduled for release way back in June 2018. It seems like there was something else going on that might have been hindering Govil’s ability to concentrate though. Hmmmmmm. What was it? Oh, yeah, I remember. Cemtrex got itself mired in some class action lawsuits. Saagar claimed Cemtrex would “vigorously defend” itself……………..but he wimped out and settled. That didn’t keep him from bragging about getting the company listed on the Russell microcap index though. Boy, that sure didn’t last long, did it? Remember when Cemtrex said it would release the first game based on the Star Force series in 2019? It sure is hard to believe 2020 is nearly half over. My how time flies! Hey, remember Quazar? I still get a kick out of watching the video demonstrating that game.

Can you believe Saagar was actually bragging about that juvenile attempt at programming? It sure has been awhile since Cemtrex was on Deloitte’s 2018 Technology Fast 500. That’s about the same time Saagar said the SmartDesk was “poised to disrupt an $80 billion market”. Remember when Saagar thought people would be impressed that the SmartDesk was being sold on NewEgg? It isn’t being sold there now. Hey, do you remember way, way back there when Cemtrex was required to disclose that its internal control over financial reporting was NOT effective? The company got away from that for awhile but now the SEC requires that it state that again. Remember when Govil put out a press release because CemtrexLabs had been ranked as one of the world’s top small business web developers by Clutch? He said Clutch was one of the world’s largest B2B ratings and reviews sites in the world. It turns out Clutch has annual revenues of only around $1.5 million. Has it really only been about nine months since the mini Govil sold ROB for approximately a third of what it cost him to acquire it? Does anyone recall what Cemtrex paid for Griffin Filters? I thought it was really kind of Saagar to let his daddy have it for only $550,000. Yeah, I wish I had a good analogy. Unfortunately, these facts are all I have to offer.

[Lou2x]

The only bad thing here is Govil running a publicly traded company... just check out all the rs scenarios....this stock was trading at $8+ and he had purchased over 100mil a year in rev......where is all that today? Lmao

[Imagineer66]

Buying from M&M/Mars and rebranding might be a bad analogy because that is exactly what they do with Hershey's chocolate. Notice that they don't sell a pure chocolate bar but they sell of ton of chocolate.

[lucky2505]

Sunell is far less well known than its gargantuan domestic competitors Dahua and Hikvision but the company's 'Panda Cam' is going head to head against them worldwide in the booming coronavirus fever camera market.

However, the name Sunell is generally not used, as the company's sales strategy is to let seemingly anyone relabel it, including companies like InVid, Watchnet, CohuHD, CBC Ganz, Bolide (cleverly disguised), etc.

https://ipvm.com/reports/sunell-panda-test

Hmmmm, so it appears that Cemtrex is just a “seemingly anyone” who happens to have arrived late to the party and has no established distribution network. I’ll give a simple analogy to demonstrate the abysmal odds Cemtrex faces in selling its version of the Sunell camera. It’s as if Saagar Govil has entered the candy market by buying a certain product in bulk from Mars, inc., and rebranded it for sale. Now, which product do you think will sell better, the Mars candy or the rebranded Cemtrex M&M&M’s?

[cjstocksup]

Whoever decided to buy the 3 million shares at $1.80 in CETX on the direct offering must plan on making big $$$ very soon. I feel a $5.00 target soon will be hit. Just a gut feeling.

Right cj.they may announce another Huge Contract Client like this...anyday now,jmhtto

https://finance.yahoo.com/quote/vfc?ltr=1

[~MulaGreen~]

Right cj.they may announce another Huge Contract Client like this...anyday now,jmhtto

https://finance.yahoo.com/quote/vfc?ltr=1

[cjstocksup]

Nice to see you. I agree. I think we will see CETX heading for $5.00 soon on the chart. Yesterday was very telling. Right now trading below that measly 3 million share direct offering at $1.80 is a nice place to add for me also. Yesterday was so fun.

[~MulaGreen~]

cj you are absolutely correct with your assessment.I took advantage of the StopLoser Raid...got one Lucky Block @ 1.5815 my lowest Sucker Buy Today

I traded a few Stocks recently with offerings like GNUS on May 18 and the pps doubled up since.

Yesterday was a Chaser Day and twas good for ATM$
Today is Bear Raid/Sucker Day...and I'm going Long this time.There will be Contract News ahead.jmhtto

Your Longtime Neighbor up the A hills

[INEEDMONEY]

Yeah I bought some at 1.65 will hold and see what happens

[cjstocksup]

The direct offering of 3 million shares at $1.80 is a good thing read the news. It will help the PPS ahead. Much better than where we were. Also look at the CETX volume of about 200 million shares yesterday!

[INEEDMONEY]

This looks crappy now

[alchemytrader]

2.14 premarket...

[lucky2505]

I will see you at $12

Really? When is the reverse split?

[lucky2505]

It will drop as soon as Saagar stops paying to have it pumped.

[ClayTrader]

* * $CETX Video Chart 06-01-2020 * *

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

[Lou2x]

LMFAO

[DD14]

Keep trying, you will never see this under $2.40

[DD14]

We don’t deal with China anymore: )))))

[lucky2505]

Hmmmmmmm. The Sunell/Vicon body temperature measurement camera appears to have some glaring weaknesses.

We commonly see thermal imaging system setups that simply point a thermal camera into a crowd. This sort of setup is significantly flawed, when considering all factors that contribute to the accuracy of measuring human elevated body temperature.

https://movitherm.com/knowledgebase/coronavirus-screening-for-elevated-body-temperature/

[lucky2505]

Here is Chinese company Sunell’s body temperature measurement camera.

https://www.sunellsecurity.com/pro_detail.php?id=395

Here it is rebranded by Vicon.

https://www.vicon-security.com/lp/thermal-body-cam/

Yep, that’s right folks. Any company can sign a deal with Sunell to slap its name on the camera and sell it. Cemtrex hopes the dupes will read today’s press release and believe it’s a big deal, but it really isn’t.

[Lou2x]

Hi Lucky!

Go back and read Lucky's posts on CETX. He was the first to see the truth here and I wish I'd listened to him sooner.

This stock has been the best short play I've ever seen......3 and tumble. I hope this thing runs to 5.......I'll make a ton.....

Lou

[ROCKY LEDGE]

All "set" my friend.

CETX

[DD14]

We will see the devices in every restaurant, malls, casinos etc

[DD14]

In for 40k

[DD14]

Nope, I’m buying every deep: ))))

[Lou2x]

Hope ya pull some....pigs get fat, hogs get slaughtered.....

Lou

[DD14]

I will see you at $12 : )))))))))))))))))))))))))))))))))

[~MulaGreen~]

PreMkt entry 1.92 and 2.04 Pretty good all day ATM$ too today.^$

Haaappppeee Fortune Trading.

Very Tall Green Candle...watch for the VideoMan cometh.Check the previous Daily Green Tall Candles.

[badbass58]

Explains a lot. Good to know. Thanks

[lucky2505]

Cemtrex paid slimeball promoter Ong. Sripetch $150,000 to pump the stock for six months. A common tactic used to get the ball rolling on these promotions is planting message board touts.

[lucky2505]

Well played!

[ROCKY LEDGE]

About to break 200%. 52wk high 5.39.

CETX

[Lou2x]

Closed at 2.58.....bounce looked a bit strong.....maybe another opp later today!

[Lou2x]

Hey Lucky!

Loved getting 10k short at 3.01......never thot I see that opp again.... sorry I couldn't get more done.....gonna make a nice flip.....

Lou

[ROCKY LEDGE]

Loved getting those 164's around 7:30 this a.m. Great day!

CETX

[Vincent1974]

everything is a fraud!!!!! dont be angry about it. SEC only watch porn on their computers.

[badbass58]

Wonder how some investors knew the news before it was out?

[subslover]

You got supersonic hearing !!
Cemtrex Inc. CETX, +1.82% has attracted investor interest in the wake of the public unrest as shares of the security services company and maker of wearables and smart devices jumped 116%, putting them on track to open at a 4 1/2-month high

[1TIMEPLEASEGOUPPPPP]

CONGRATS ALL~

[alchemytrader]

2.10 premarket. You heard right.

[Jongkey]

Been hearing a pop in price will happen this week, we shall see.