(Total Views: 1498)
Posted On: 05/21/2017 3:24:29 PM
Post# of 2198
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I personally think Bemax inc has hit rock bottom. The last time it was in the subs it was only there for a month according to my chart from 12/7/16 to 1/9/17,than it bounces all the way to .05 cents, from 1/9/17 to 2/22/17. Now we are back in the subs for almost a month now from 4/24/17 to now 5/21/17. When it was in the subs it rebounded a month later showing high volatility and interest. Now it is showing that the price action wants to stay in the .006's and the .007's. It has stayed in this range from 4/24/17 to today, staying in that area. Fundamentals i think are the reason it has stayed in this range for so long and wants to stay in this range. Also, from today the technical's show the share price above the 20 SMA hopefully the 20 SMA showing some kind of support, the BB tightening showing that volatility is coming. The Stochastic crossing over, the MACD doing the same. All showing the price action is trending upwards not downwards.
I'm not one of those big chart guys, but hopefully what i said is accurate.
Some of the awesome fundamentals to look forward to is Bemax inc got a new office showing growth. Bemax inc live advertising at expo's showing they want to grow and get there product out there, BMXC not only going to one expo but two. Bemax again showing growth from a globally perspective extending sales to Australia. Then pulling Amazon a big online retailer because of high shipping costs towards the customer. Bemax inc trying to find partners in the help of growing the business. Bemax inc showing they care about us shareholders by tweeting and reaching out through email and phone. Also, telling us through mid-long term the company will outgrow the notes significantly, i don't know how significantly but the current notes are almost 400k.
Hopefully this helps with your decision. It certainly did mine.
I'm not one of those big chart guys, but hopefully what i said is accurate.
Some of the awesome fundamentals to look forward to is Bemax inc got a new office showing growth. Bemax inc live advertising at expo's showing they want to grow and get there product out there, BMXC not only going to one expo but two. Bemax again showing growth from a globally perspective extending sales to Australia. Then pulling Amazon a big online retailer because of high shipping costs towards the customer. Bemax inc trying to find partners in the help of growing the business. Bemax inc showing they care about us shareholders by tweeting and reaching out through email and phone. Also, telling us through mid-long term the company will outgrow the notes significantly, i don't know how significantly but the current notes are almost 400k.
Hopefully this helps with your decision. It certainly did mine.
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