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Yes! I'm talking about the stock that soared from 2.50 to 3.10 in 3 trading days and now, understandably, has given back 50% of that.
You're right, BOB! It's only upwards from here!
PS -- I could but I don't bother putting my posts in BOLD because I choose not to, Bob.
Inevitable slide? CETX is up over 12% in the last 5 trading days.
Your support and enthusiasm for Cemtrex is admirable and appreciated. You must be its biggest supporter. I agree 100% with you--Patience WILL be rewarded. Godspeed, Bob.
$CETX tickling 200dma.
That's quite a case you're making.
Wasn't the SEC supposed to delist CETX and charge its officers with crimes last year?
So it seems the current uptick in CETX is due to the interest it generated at the Las Vegas Consumer Electronics Show and not the enthusiastic write-ups it received from some newsletters. Maybe both.
You're the expert, you tell us, Bob.
$CETX has busted through 50dma and is approaching 200dma
It doesn't look that way to me, Bob. This kind of buying doesn't come from a new buy alert from a newsletter. This last weekend, Seeking Alpha released another hatchet job on CETX (disguised as an analysis of the high yield of their preferred shares), and it didn't seem to influence an influx of selling.
"Scam" CETX has surpassed avg daily volume in the first half hour of trading today and is up over 6 1/2%. Oh no!
That's why I asked!
$CHEK If we don't get back to the 50dma, are all bets off?
$$CTDH!
Bid. 42!
$CHEK Target??
If it's any consolation, someone who follows you is up$!
$CHEK has bounced back!
$CHEK? Are we still expecting a bounce now that the gap has more than filled, AF?
1% dilution.
$EVEP Does this pullback today alter your goal?
$TOPS FIFTY DOLLARS!?!?
$AMPG Does this chart speak to you at all?
$AMPG
EDIT: That was supposed to take you to the AMPG chart
$EVEP in @ .6321
$EVEP What are we looking for?
When Buddy soared to the top, he left the Crickets behind!
$GST I sold too early but it put some cash in my pocket thanks!
Let's watch earnings.
I'm back into CTDH. 4K shares at .265
That sounds fair!
At what price, Jedi?
I wonder what the good news is!
No damage today. I seriously doubt that the number of outstanding shares will triple.
It's always a bad sign when shorts start posting.
You're absolutely right, Lucky. Buy all you can under 3 and expect a handsome reward next year. Buying low is always a good strategy.
DNR downgraded
With only 10.25 mil shares out, CETX has proven itself as a company that does not readily dilute. It gets its money by doing its business and has had 26 straight quarters of profitability.
$DNR Does the 8K released today constitute dilution?
Oh nooooo!!!!! Up 11% in the first 15 minutes of trading.
I believe it's 25 straight quarters of profitability were working on.
There's no reason to infer Saagar's presentation has anything to do with today's action. There has been a steady low-volume sell-off taking place for a while and may continue until earnings are released at the end of the month. Then, I believe everyone will be kicking themselves if they don't take advantage of these prices.
I wonder if it was started by shorts.