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BioExx Specialty Proteins Ltd BIXZF

Healthcare Biotechnology
"Bioexx Specialty Proteins Inc is engaged in the development and commercialization of processing technologies, for use in the extracting various active ingredients from organic and inorganic materials. The company's primary focus is on the production of proteins from canola and other oilseed feedstocks. Its products include Isolexx, a protein isolate for use in bakery products, meat products, vegetarian food products and meat analogues, and nutritional and protein bars, drinks, and supplements;


GREY:BIXZF - Post by User

BioExx Specialty Proteins Ltd
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Comment by brnt999on Dec 10, 2009 5:38pm
181 Views
Post# 16575373

RE: Ooops! rljp RE: RE: The $2 curse

RE: Ooops! rljp RE: RE: The $2 curseI am not an expert on TA but low volume is not a bullish or a bearish signal. It basically says at a given stock price new buyers are not trying to buy and existing share holders are not trying to sell. A SP drop or increase on low volume is not a reliable signal.

I think the market has been saying for the past month that given the existing state of affairs with BXI the fair market value of BXI is 1.90 a share. If you go here
https://www.stockta.com/cgi-bin/analysis.pl?symb=BXI.C&num1=1&cobrand=&mode=stock
there is a confluence of 12 at 1.91. It basically means by analysing BXI in many differant ways all of them show strong support at 1.91.

I can live with that. Until there is a material change in the state of affairs with BXI the SP will gravitate to 1.90.
Bullboard Posts
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