Replies to post #75340 on Beneficial Holdings Inc (BFHJ)

[TradingBulls]

Great post, i think you are right on.

xxxtreem Share Tuesday, April 03, 2012 12:08:15 AM
Re: None Post # of 75341

Jaime... I thought maybe it was time for my 2 cents. No pun intended...As I recall my take on BFHJ when we were in the no bid region was pretty right on.. Here is how I feel about BFHJ; First and foremost I am pretty convinced that the no bid was manufactured by insiders.. I am pretty certain BFHJ would not bother attempting to get an Intrastate Gaming license in Nevada unless they were pretty confident that they would be approved. Anyone in the know could easily drive the PPS to no bid, since we were sitting pretty solidly @ .0001-.0002. The company simply helped out with no PR's. Now here we are 10 days later ( Keep in mind if have been trading BFHJ for over 2 yrs) up 500% news pending, SUNR on the bid/ask... I ask myself, is something big coming?? Has to be... the buy versus sell is so far skewed that the buyers that should have exited @ .0004-.0005 are still holding... somebody knows something.... Sure their are those that feel with all the volume we should be experiencing a higher PPS not the case with Day Traders in on the action for 20-200% gains..
so here i am with 25 mil shares up 270% and find myself raising my first sell alert...
breaking the .0002s is historically the hardest... then comes .0005s-.0006s no one wants to buy @ .0006 if they can get it for .0005s because if their is a downtick @ .0005 you out 20% downtick @.0006 your out 16%... this is mostly phycological. I have a sense that once we break .0005 its blue skies!! the chart is indicating the same thing...I pretty certain that that 25k or so will knock out the .0005s.... I also have a bit on info myself... friend of a friend... lived in Vegas for 12 yrs myself.. All i will say is first sell orders won't be in the next 3-4 ticks.... much much higher... GL Jamie..