Bemax Inc (BMXC)

[I-Glow]

It tells me that technical analysis for penny stocks is a waste of time.

What you don't understand is that technical analysis is for exchange traded stock not subject to manipulation and pumping press releases.

Technical analysis is for the vagaries of unmanipulated market conditions.

Learn to read and understand L2.

My guess is most penny stock investors have read about a Bollinger Band but lack any meaningful understanding of charting or technical analysis.

So far your analysis of Bemax has been a dismal failure - while mine has been on point.

Bemax is finished - your only salvation is that the Nigerian scammers move on and sell the shell to a more competent pumping crew.

But filing a Form 15 has caused almost irreparable harm to the shell.

IG