Replies to post #29340 on Beneficial Holdings Inc (BFHJ)

[rek-]

Sellers lost interest for sure. New bottom has been found, could be awhile before a good healthy uptrend starts up again. need some steady buy volume for a few days. Next time it runs it should not have a problem breaking resistance, much less far to go then before when it ran from tripple 0's, and float is starting to get locked up.

[jaimerodriques]

Thanks for this great post, Taber. This is just the kind of discussion that JAIME grows & thrives the best on! With regard to your remark about how smart money is buying in now, I have 1 comment & 1 question:

comment: ''FOLLOW DA MONEY''!

question: Is there a board or a forum who's primary focus is with regard to following the money, rather than the volume, or anything else? ie: 'SMART MONEY', or is to notice the sudden surges in continuos & tremendous volume spikes the same thing?, as for example as happened with regard to AWY- recently, ie: deader than a door nail volume wise, then boom! daily volume is huge! in the 50 to 100 mil range!

[here4beer]

lets not forget that this is not AAPL or GOOG or C..this is subpenny stocks....it can turn in any direction at anytime...technicals mostof the time dont mean !@#$ for lot of penny stocks....but they do help in a long run....one move up monday to .0040 and MACD and everything else will look lot different...i know lot of people are waiting for the MACD to bottom out, ruight now looks really ugly...if i see stock with that kind a MACD i wouldnt buy it either..but other indicators for the shorter term like SLOW stoch for example are already pointing out that the bottom is or is near...MACD always gives a late signal anyway..

[renegade]

I agree forthright about the macd, but some are still selling in ernest. I still have a large interest here and would like to see an uptrend, but some individual or group is holding the pps until something viable materializes before they let it go. With no buying pressure they can flip at will. All IMHO. Glta...