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  4. Bemax Inc. (BMXCD) Message Board

I think they have some big PO's they will be annou

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Post# of 2199
(Total Views: 320)
Posted On: 02/17/2017 5:21:08 PM
Posted By: champ
Re: Goodspeed65 #437
I think they have some big PO's they will be announcing. For them to raise guidance as much as they did for end of fiscal 2017 and with the numbers they reported in the first 2 fiscal quarters they have to have something cooken.
As far as how long can it continue vs the RSI. ACOL at $.049-$.05 and RMHB from $14.5-$15.4 they both broke into 95. Once ACOL broke $.035 it was sitting at $.0499 the same day for 10 minutes before close and just cound't break it. Next morning hit $.05 sat there a minute and rocketed down.
We seem to shoot up with BMCX and crawl back cooling down the RSI. As Bump mentioned earlier this steadier mover, IMO we can move higher with a lower retraction for a couple 2-3 cents until there is a bigger breakthrough.



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