Cemtrex Inc (CETX)

[lucky2505]

The motion to dismiss proves beyond a doubt that Cemtrex is a scam. As soon as the company caved in and settled the lawsuits rather than "vigorously defending" them, it filed the motion to dismiss knowing full well the settlement would give the court no opportunity to rule against its motion. Yes, it was cowardly; but lies and cowardice are the tools of penny stock con men. Over 200k shares traded yesterday and the price plunged as stockholders bailed out. The price spiked today on only a fraction of yesterday's volume. Obviously, today is the day the stock price is being manipulated although CETX pumpers made the ludicrous claim that it occurred yesterday. Nonetheless, the stock will soon resume its decline. More people are getting wise to this scam every day. There really is no way to stop its implosion.