Cemtrex Inc (CETX)

[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/