Cemtrex Inc (CETX)

[lucky2505]

They have good fundamentals great revenues profitability is positive so can someone explain why so much downward pressure???

Actually, it's pretty simple. The Public Company Accounting Oversight Board (PCAOB) has made the following statement about every auditor Cemtrex has ever had:

It is a failure to accomplish the essential purpose of the audit, and it means that, based on the audit work performed, the audit opinion should not have been issued.

That means shareholders can't trust anything the Govils have ever said about the fundamentals, revenues, or profitability. They are con men, and they only hire auditors who are willing to overlook the lies they tell to shareholders.