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Author Topic: BMXC - Bemax, Inc. - OTCBB  (Read 7587 times)
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Greentime1
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« Reply #60 on: February 23, 2017, 07:16:27 PM »

Do you have any (technical) concerns here, Doc? Think there is a loss of sentiment, especially closing red on the day it uplists to QB, or is it, as you mentioned, just some profit taking and the market doing its thing? Why does it seem to have some trouble with holding .05+? Finally, what do you foresee happening before Amazon launch?

TIA for any thoughts.

No concerns, but, it is a fact that it will need a few days to consolidate to run again. It was a typical sell on news, with some profit taking, plus that SOB that is bashing on ihub.

.05 did not hold due to what I just said.

It will recover in a few days, and, will have more buy pressure near the Amazon launch.

Amazon is a month out...uhg!!!!

Don't forget that pre-sales will be announced sometime in March. That should stir up some interest.  I'm just glad to hear Doc sounding composed about it and to know you guys are still in. Wasn't sure if the PAR SAR break on the daily was enough for the group to exit at this point or not.  Going gold here as soon as this trade is over.
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Thegyg
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« Reply #61 on: February 24, 2017, 08:47:44 AM »

Greentime1

You will like his picks and he tells it how it is. You will make money!
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Dr PennyStock
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« Reply #62 on: February 24, 2017, 10:55:07 AM »

Do you have any (technical) concerns here, Doc? Think there is a loss of sentiment, especially closing red on the day it uplists to QB, or is it, as you mentioned, just some profit taking and the market doing its thing? Why does it seem to have some trouble with holding .05+? Finally, what do you foresee happening before Amazon launch?

TIA for any thoughts.

No concerns, but, it is a fact that it will need a few days to consolidate to run again. It was a typical sell on news, with some profit taking, plus that SOB that is bashing on ihub.

.05 did not hold due to what I just said.

It will recover in a few days, and, will have more buy pressure near the Amazon launch.

Amazon is a month out...uhg!!!!

Yes, a lot of time on penny stock market, but, lots of people will load to be in to the Amazon launch.
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Dr PennyStock
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« Reply #63 on: February 24, 2017, 10:56:34 AM »

Do you have any (technical) concerns here, Doc? Think there is a loss of sentiment, especially closing red on the day it uplists to QB, or is it, as you mentioned, just some profit taking and the market doing its thing? Why does it seem to have some trouble with holding .05+? Finally, what do you foresee happening before Amazon launch?

TIA for any thoughts.

No concerns, but, it is a fact that it will need a few days to consolidate to run again. It was a typical sell on news, with some profit taking, plus that SOB that is bashing on ihub.

.05 did not hold due to what I just said.

It will recover in a few days, and, will have more buy pressure near the Amazon launch.

Amazon is a month out...uhg!!!!

Don't forget that pre-sales will be announced sometime in March. That should stir up some interest.  I'm just glad to hear Doc sounding composed about it and to know you guys are still in. Wasn't sure if the PAR SAR break on the daily was enough for the group to exit at this point or not.  Going gold here as soon as this trade is over.

Yes, the pre-sales news may help the recovery to above .05. Then Amazon and, we will be at .1.
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Dr PennyStock
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« Reply #64 on: March 03, 2017, 12:14:11 PM »

Bemax Inc. Announces Private Label Agreement with North American Diaper Company
11:30 AM ET 3/2/17 | Marketwired

DALLAS, GA--(Marketwired - March 02, 2017) - Bemax Inc. (OTCQB: BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has entered into a multi-year private labeling agreement with North American Diaper Company (NADC), a leading U.S. manufacturer of value-priced, eco-friendly disposable baby diapers it sells throughout the U.S. and globally which are known for great value and optimum performance.

Pursuant to the terms of the agreement, Bemax will purchase, sell, export, and distribute Mother's Touch disposable diapers in private labeled format and in Bemax packaging not trademarked by NADC.

"We are very pleased with this alliance as it further strengthened the advantages of our private label brands, and complements our current distribution plan for the U.S. market," said Taiwo Aimasiko, CEO of Bemax Inc. "We look forward to fostering this relationship with NADC and believe that this agreement, along with others in the coming months and year, will fortify our position as a growing global distributor of disposable diaper products."

This press release is in reference to the 8K document filed with the SEC on March 2, 2017.
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If you make up your mind to fight, fight like you're the third monkey on the ramp to Noah's Ark, or just wait for the rain.
Because the rain is coming.
Mike65
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« Reply #65 on: March 03, 2017, 04:21:15 PM »

Yes sir Smitty looks like we're in business never thought it would be in the shity diaper business lol. I assumed there was a green lining in diapers other then the ones my kids left me !! Looks like Dr. Penny found it for us Smiley
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Dr PennyStock
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« Reply #66 on: March 19, 2017, 07:03:00 PM »

Technical Analysis. BMXC has given two buy signals on the latest week.

First the breakout of the PAR SAR as resistance, and, second, the crossover of the +DI and -DI.

Daily chart: http://stockcharts.com/h-sc/ui?s=BMXC&p=D&b=5&g=0&id=p59393035370

The main support of the stock now is the MA50 on the daily chart, but, also the PAR SAR on the weekly chart, like you can see on the chart below.

The bounce on the weekly chart, was clearly caused by the PAR SAR.

Weekly chart: http://stockcharts.com/h-sc/ui?s=BMXC&p=W&b=5&g=0&id=p47299431836

BMXC will run to .05, maybe .1 on the next days or 2 - 3 weeks, taking advantage of the Amazon launch on the first week of April.
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Dr PennyStock
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« Reply #67 on: April 09, 2017, 04:37:53 PM »

BMXC - Looks like the support now is somewhere between .013 and .0104, and, I think it will recover only after the correction of the fins. I hope the CEO does this ASAP, to avoid a bigger drop.

http://stockcharts.com/h-sc/ui?s=BMXC&p=D&b=5&g=0&id=p01519089306
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Dr PennyStock
joseph1025
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« Reply #68 on: January 19, 2018, 03:50:44 PM »

Looks like a similar set up to last year, but a lower price!!  Shocked

https://www.tradingview.com/chart/3O3NLFQC/
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Dr PennyStock
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« Reply #69 on: Yesterday at 02:00:02 PM »

Looks like a similar set up to last year, but a lower price!!  Shocked

https://www.tradingview.com/chart/3O3NLFQC/

Unfortunatelly this means nothing. She is a liar, and, the market now knows it. Before the run to .05 all was different.
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Dr PennyStock
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