CETX

CETX 5dma 10dma.PNG

CETX, up around 52% now. Really explosive price action due to combination of high volume and low float. Precisely what superstocks are about.

Amidst my bullishness, there are some red flags about CETX.

  1. Too many press releases. Management seems to like to issue many press releases to pump the stock prices.
  2. Unrecognized Indian Auditor

That said, i still believe this is a great stock.  i am happy with my current gain but i want to free up capital for the upcoming earnings season. Currently Waiting for the 10DMA to catch up to act as a stop. Might even use the 5DMA as a selling point depends on how the stock acts around it.

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