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Must be looking at the wrong stock
BIEL currently has the following Trading stats for today:
Up 20 percent
Buys = 5 million shares
Sells = 1.2 million shares
Neutral = 8 million shares
Trades @ 6 = 9.5 million shares
Trades @ 7 = 1 million shares
Total Volume = 14.3 million shares
Total Transactions = 34
Orthopedic Surgeon Don Buford says RecoveryRx helps his patients
Anonymous message board poster says BIEL is a scam.
I will go with Dr. Buford's opinion.
Don Buford, MDDon Buford, MD
Orthopedic Surgeon, Regenerative Medicine, Sports Med.Orthopedic Surgeon, Regenerative Medicine, Sports Med.
1w
Just got some very positive feedback on another RecoveryRx patient.
Young guy, diagnosed with costochondritis. He had been struggling with 1 month of pain despite high dose NSAIDs from another clinician.
Orthopedic Surgeon, Sports Medicine Orthopedic Surgeon,
The Sports Medicine Clinic Of North Texas
1999 - Present · 24 yrs 6 mos1999 - Present · 24 yrs 6 mos
Dallas/Fort Worth Area
Don Buford, MD, The Dallas PRP and Stem Cell Institute/ The Sports Medicine Clinic Of North Texas
Dr. Don Buford founded The Dallas PRP and Stem Cell Institute with the goal of creating a clinical research institute whose mission is to provide evidence based orthobiologic treatments for orthopedic pathologies.
By closely following clinical results, Dr. Buford hopes to further refine the indications and treatments for many musculoskeletal conditions. Our Institute's ultimate goal is to maximize our patients' quality of life and minimize their disability and pain from any musculoskeletal condition. We strive to help our patients recover to their desired state of health without a surgical procedure and typically perform use our orthobiologic therapies in office based procedures that take less than an 1 hour. In some cases, we use PRP and bone marrow concentrate stem cell injections to assist, accelerate or augment the healing response after a surgical procedure.
Dr. Buford started his practice in Dallas 20 years ago after completing orthopedic surgery residency at UT Southwestern, Dallas and an orthopedic surgery sports medicine fellowship at the Southern California Orthopedic Institute (www.scoi.com).
Dr. Buford attended Stanford University for the first half of his college career. While at Stanford, he was a member of the baseball team and had a double major in economics and Human Biology. He then transferred to USC where he continued his athletic and academic pursuits.
In 1988 he received the Woody Hayes NCAA Division I Academic All-American Award for being the single most outstanding NCAA Division I male student-athlete.
After graduation from USC, he signed his first professional baseball contract with the Baltimore Orioles and also enrolled at UCLA Medical School.
Dr. Buford played professional baseball as a second baseman and outfielder in the Baltimore Orioles professional organization for 4 years. Dr. Buford's father, Don Sr., played for the Chicago White Sox ('63 -'68) and the Baltimore Orioles ('68-'72) and played in 3 World Series, winning in 1970 over the Cincinnati Reds. Don Sr. is in the Orioles Hall of Fame. Dr. Buford's younger brother, Damon, had an 8 year major league career which included 2 years as the starting center fielder for the Texas Rangers.
After graduating from the UCLA School of Medicine, Dr. Buford completed a 5 year orthopaedic residency at the University of Texas, Southwestern in Dallas. Dr. Buford also completed a one year sports medicine fellowship at the prestigious Southern California Orthopaedic Institute (SCOI) in 1999 where he learned advanced arthroscopy techniques.
Dr. Buford's interest in orthobiologics was a natural outgrowth of his training in minimally invasive surgery.....both are designed to help patients in the simplest, safest way possible.
Since 2008, Dr. Buford has been training clinicians on MSK ultrasound and now orthobiologics as the Director of the MSK Ultrasound and Orthobiologics Course. The course is held twice a year in various locations. Dr. Buford and his course faculty have trained over 1200 clinicians in MSK ultrasound in the past 10 years.
Said the same thing for the last 11 years, Always Wrong
<<<<<<<<<<<<<<< biel is finished >>>>>>>>>>>>>>>>>
That worn out 'Sky is Falling' BS is as fake as 'Sales Track'.
Forgot to mention the $12.50 Paint at the Close Today
18 million in Buys vs 6 million in Sells and a $12.50 Trade at 3:53 drops BIEL to 5 .
Wow, 10.5 million Buy at 7 to open the day!!
Go BIEL !!!
Go BIEL !!!
Go BIEL !!!
Go BIEL !!!
Congrats to All BIEL Longs, UP 40% to 7
Friday is not the best day to PR good news strikeitrich but could happen.
Only 1.19 million Sells on a 27.9 million Total Volume day says it all.
Only 11.1 million shares on the 7 Ask Size after the last trade of the day.
Go BIEL !!!
Go BIEL !!!
Go BIEL !!!
Go BIEL !!!
Thanks Hawk, confirmation that the 720 hour KT Wave is coming to a number of Markets
McDavid is an international sports equipment brand, in business for 53 years.
Sunlight Sports has the Wave at the top of their KT products list:
KT Tape
KT Recovery+ Wave™
KT Recovery+® Ice/Heat Massage Ball
KT Recovery+® Cold Massage Roller
KT Recovery+® Ice/Heat Wrap
KT Performance+® Blister Prevention Tape
KT Performance+® Blister Treatment Patch
KT Tape KT Flex®
KT Performance+® Chafe Safe™ Anti-Chafing Wipes
KT Performance+® Chafe Safe™ Gel Stick
KT Recovery+® Pain Relief Gel Tube
KT Recovery+® Pain Relief Gel Roll-On
KT Recovery+ Recovery Patch®
https://www.sunlightsports.sg/products.html
Yep GG, only problem is someone keeps yanking away the football before BIEL gets over the 6 Goal Line.
Yesterday it was a 10k Sell to close the day. Today it was a 50k Sell.
Buys = 8.8 million shares
Sells = 599k shares
Neutral = 673k shares, LOL more Neutral Trades than Sells
KT will find the right Marketing for the Wave
Having the Wave in their product line allows them to associate the KT brand with an 'FDA Cleared' medical device.
By the way the new KT Wave being advertised in the UK is 720 hours, same amount of therapy as the ActiPatch.
Yes Sir GG, another good day for BIEL, Buys over Sells 4 to 1
The VWAP tells the story. .000595 .
A 10k share Sell ended the day, a $5 Trade.
I tried to keep this fact based hence all of the details and links in my post
<<<<<<<<<< those "short sales" are covered and closed within minutes. >>>>>>>>>>
I can see you did not get the hint based on the undocumented Opinion that you responded with.
Please provide facts or it remains as an Opinion.
Here is another Fact for you, Buys are out numbering Sells again Today:
Buys = 5.1 million shares
Sells = 1.3 million shares
Day #4 with significantly more Buys than Sells, another Fact.
Very well, setting aside speculation, what are the Facts re Naked Shorting and MMs
<<<<<< The daily short report doesn't mean what you think it means >>>>>>
* FINRA's Daily Short Data "reflects the aggregate volume of trades executed and reported as short sales on each trade date.” a Short Trade could be covered same day or 13 days later
* Market Makers don't have to locate shares before Naked Short Selling if they are involved in "bona fide market making activities" this determination is largely self regulated
* FINRA, a Self Regulatory Organization, SRO, is responsible for policing Broker Dealers/Market Makers on the OTC Markets
* Broker Dealers/MMs have up to the Trade Day + 13 Days to closeout their Shorting before it goes to the twice a month FTD list
* Market Makers set the Bid & Ask Prices for the companies they cover
* Investors 'Buy from' & 'Sell to' Market Makers on the OTC Markets
* Market Makers are supposed to keep an inventory of shares for the companies they cover, this can added up to many millions of dollars for MMs like Citadel who cover 7,000 plus companies
Why was Reg SHO implemented?
"Compliance with Regulation SHO began on January 3, 2005. Regulation SHO was adopted to update short sale regulation in light of numerous market developments since short sale regulation was first adopted in 1938 and to address concerns regarding persistent failures to deliver and potentially abusive “naked” short selling."
"Due to continued concerns about failures to deliver, and to promote market stability and preserve investor confidence, the Commission has amended Regulation SHO several times since 2005 to eliminate certain exceptions, strengthen certain requirements and reintroduce the price test restriction."
"“Naked” short selling is not necessarily a violation of the federal securities laws or the Commission’s rules. Indeed, in certain circumstances, “naked” short selling contributes to market liquidity. For example, broker-dealers that make a market in a security generally stand ready to buy and sell the security on a regular and continuous basis at a publicly quoted price, even when there are no other buyers or sellers. Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time. Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks as there may be few shares available to purchase or borrow at a given time."
"Rule 204 Close-out Requirement. Rule 204 requires brokers and dealers that are participants of a registered clearing agency to take action to close out failure to deliver positions. Closing out requires the broker or dealer to purchase or borrow securities of like kind and quantity. The participant must close out a failure to deliver for a short sale transaction by no later than the beginning of regular trading hours on the settlement day following the settlement date. If a participant has a failure to deliver that the participant can demonstrate on its books and records resulted from a long sale, or that is attributable to bona fide market making activities, the participant must close out the failure to deliver by no later than the beginning of regular trading hours on the third consecutive settlement day following the settlement date. If the position is not closed out, the broker or dealer and any broker or dealer for which it clears transactions (for example, an introducing broker) may not effect further short sales in that security without borrowing or entering into a bona fide agreement to borrow the security (known as the “pre-borrowing” requirement) until the broker or dealer purchases shares to close out the position and the purchase clears and settles. In addition, Rule 203(b)(3) of Regulation SHO requires that participants of a registered clearing agency must immediately purchase shares to close out failures to deliver in securities with large and persistent failures to deliver, referred to as “threshold securities,” if the failures to deliver persist for 13 consecutive settlement days."
https://www.sec.gov/investor/pubs/regsho.htm
Trading over the counter
"Unlike exchanges, OTC markets have never been a “place.” They are less formal, although often well-organized, networks of trading relationships centered around one or more dealers. Dealers act as market makers by quoting prices at which they will sell (ask or offer) or buy (bid) to other dealers and to their clients or customers."
https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Financial-Markets#:~:text=Trading%20over%20the%20counter&text=Dealers%20act%20as%20market%20makers,to%20their%20clients%20or%20customers.
"The process of purchasing or selling over-the-counter (OTC) stocks can be different from trading stocks listed on the New York Stock Exchange (NYSE) or the Nasdaq. This is because OTC stocks are, by definition, not listed on the exchange. Purchases of OTC securities are made through market makers who carry an inventory of stocks and bonds that they make available directly to buyers."
https://www.investopedia.com/ask/answers/buy-over-the-counter-stock/
When the MMs/Broker Dealers get Caught
FINRA fines Wedbush Securities for Regulation SHO violations
Maria Nikolova 0 Comments September 28, 2022
(note the time frames here, 1/1/2016 - 7/31/2020, 4.5 years of violations and 2 more years before FINRA took action, the SEC places much of the financial policing on SROs like FINRA )
The Financial Industry Regulatory Authority (FINRA) has fined Wedbush Securities for alleged violations of Regulation SHO.
During the periods of January 1, 2016 through July 31, 2020 and December 9, 2020 through April 7, 2021, Wedbush Securities, Inc. violated Regulation SHO Rules 204(a), (b), and (c) and FINRA Rule 2010 by failing to timely close out approximately 2,056 fail-to-deliver positions as required by Rule 204(a), and, on approximately 390 occasions failing to place securities in the “penalty box” as required by Rule 204(b) and failing to comply with the notice requirement of Rule 204(c).
The Securities and Exchange Commission adopted Regulation SHO to address concerns regarding persistent failures to deliver and potentially abusive “naked” short selling, e.g., the sale of securities that an investor does not own or has not borrowed.
*********************************************************
SEC Charges Chicago-Based Broker-Dealer with Violations of Regulation SHO
ADMINISTRATIVE PROCEEDING
File No. 3-20961
August 12, 2022 - The Securities and Exchange Commission today announced settled charges against Chicago-based registered broker-dealer IMC Chicago, LLC ("IMC") for violations of Rule 203(b)(1) of Regulation SHO through its Single-Dealer Platform ("SDP").
The SEC's order finds that from approximately June 2017 through November 2020, IMC violated Regulation SHO by executing millions of short sale trades through the SDP while improperly relying on the bona-fide market making exception to the "locate requirement" for short sales in Rule 203(b)
*****************************************************
June 15, 2020
Broker-Dealer Settles FINRA Charges for Reg SHO Violations
A broker-dealer settled FINRA charges for violating certain rules on short sales practices and related supervisory failures. The broker-dealer self-reported Regulation SHO concerns arising from system coding errors that resulted in its miscalculating the supply of available securities for approximately two years. Upon discovery of the issues, the broker-dealer halted relevant trading the next day and resumed trading in the relevant securities upon fixing the Regulation SHO issues.
FINRA found that the broker-dealer violated Rule 203(b)(1) of Regulation SHO ("Borrowing and Delivery Requirements") by executing short sale transactions without (i) producing a bona-fide arrangement to borrow securities or (ii) having "reasonable grounds" to believe that the securities could be borrowed by the delivery date.
*************************************************
FINRA And Citigroup Global Markets Not SHO Enough
December 20, 2022
FINRA the self-regulatory-organization apparently examined Citigroup Global Markets Inc. the FINRA Large Member firm during 2008 through 2022 because the regulator cited the firm's Reg SHO aggregation misconduct in three AWC settlements. Notably, the fines increased in each ensuing AWC. At some point, FINRA has to have an epiphany, however, that simply ratcheting up each ensuing fine on CGMI and other Large Member Firms doesn't accomplish anything. At best, the fines are an inconvenience for the violators. At worst, they are of no consequence. When it comes to Small Member Firms and the industry's hundreds of thousands of associated persons, FINRA selects sanctions seemingly designed to inflict pain. For the industry's big boys, well, y'know, it's more in the fashion of charging a modest toll on Wall Street.
2022 AWC Sanctions
In accordance with the terms of the 2022 FINRA CGMI AWC, FINRA imposed upon CGMI a Censure, $1,500,000 fine, and an undertaking to certify compliance with the supervisory issues cited.
*******************************************************
UBS fined US$2.5 million for Reg SHO failures Oct 6, 2022
FINRA has fined UBS Securities LLC US$2.5 million for Regulation SHO violations and for supervisory failings extending over a nine-year period.
The US regulatory watchdog, which works under the supervision of the Securities and Exchange Commission (SEC), ruled that UBS had failed to close out at least 5300 failure-to-deliver positions between 2009 and 2018.
Over the same timeframe, UBS had also routed or executed more than 73,000 short-sale trades without first having borrowed, or arranged to borrow, the shares.
FINRA also ruled that, between 2009 and August 2022, UBS’ supervisory systems and procedures were not “reasonably designed” to meet compliance with Reg SHO Rule 204.
Well.... there were 55 million shares Shorted Today and 50 million Buys at 5 Today.....
So you don't see the probability that the MMs Shorting all of those shares @ 5 prevented BIEL moving up to 6 until later in the day and dampened the Buying enthusiasm?
Only 10 million shares worth of Trading Today were legitimate, I own this many shares and I want to Sell them, Trades. The other 55 million shares were not owned by the Seller at the time of the Trade per FINRA's Daily Short Report.
Wondering Why BIEL Couldn't Hold On to 6 Today ?
Date .... Symbol . Short vol ... Total vol
20230605 | BIEL | 55205415 | 65321579
Pretty sure you don't get to .001 without traveling through .0005 and .0006
<<<<<<<<<<<< 3 ZEROS to the right of the decimal point >>>>>>>>>>>>>
Buys = 51.5 million shares
Sells = 7.3 million shares
Neutral = 6.3 million shares (.00045 SP)
Buys outnumber Sells 7 to 1 .
Go BIEL !!!
Yep Baha13, Today's 51 million in Buying is without news from BIEL
When the Update/PR hits things really start moving.
The 5 Bid Price has returned with a 5 million share Size.
6s are Printing, Go BIEL !!!
KT finally gets a Clue and Ups to 720 hours
UK ad is priced at 29.95 pound sterling which includes the UK VAT of 20%, so the US version should sell for about 29.95.
https://www.thinksport.co.uk/kt-tape-recovery-wave-720-hour-electromagnetic-therapy-device.html
Yep JGD, Buys Over Sells 16 to 1, BIEL Is On the Move
Buys = 50.5 million shares
Sells = 3.1 million shares
Neutral = 3.5 million shares
There is currently No Way Convertible Lenders can Sell Tens of Billions of Shares into the Market, there is not enough demand for anywhere near that many shares.
KW, PW and Dr Staelin know this.
<<<<<<<< most plausible way they get their loans repaid: R/S and conversion >>>>>>>>
The 2022 EOY Financials estimated 21.557 billion shares would be needed if IBEX Converted all of its $6.032 million in loans. BIEL closed at .0005 on the last Trading day of 2022. BIEL Trading at .005 would only need 2.155 billion shares to cover the same $6 million loan Conversion. But it has to be done organically by growing Sales not with a RS.
The only way KW, PW, and Dr Staelin get their loans paid back is to make BIEL profitable and increase its value by growing Sales.
Reverse Splits without evidence of a company turning itself around quickly find the SP heading back to the pre-RS price. Our friends at Endonovo provided an example of what not to do.
At the end of December 2019, with the SP at .0014 and 1 Billion Shares, ENDV enacted a '1 for 1,000 Reverse Split'.
This raised the SP to $1.40 and lowered the Share count to 1 Million.
It only took 3 months for ENDV's SP to plumet from $1.40 down to 17 cents at the end of March 2020, an 87% drop. ENDV had no positive story to tell.
Ya still don't get it
The only way KW, PW and RS get their loans repaid is when BIEL becomes profitable.
The last Conversion to Shares was 1/25/2022 by PW (St John's LLC). And what did PW do on 2/4/2022? She started making new Non-Convertible Loans to BIEL. As of the 2022 Financials she had made 7 of them totaling $106,000.
No other Conversions show up in the 2022 Financials.
Dr. Staelin, Chairman of the Board, also continues to make Loans to BIEL. In 2022 he made 9 Loans to BIEL totaling $448,000, all Non-Convertible Loans.
Doesn't sound like the COB is "screwing" anyone. He is providing vital financing and working toward BIEL's success.
Another Good Day For BIEL Longs, Up 11%, Buys Over Sells 9 to 1, 5 Close
Total Volume = 33.1 million shares
Buys = 25.2 million shares
Sells = 2.8 million shares
Neutral = 5.1 million shares @ .00045
Wow, 19 Million Share Buy at 9:35
$9,595 Investment in BIEL.
Go BIEL !!!
BIEL Up 50% on 79 Million Share Volume, Highest Volume in Over 3 Months
Buys = 60.3 Million Shares
Sells = 11 Million Shares
Neutral = 8 Million Shares (last Trade was Neutral, 200k shares @ .00045)
Sales-Track Shows Nothing Because It Does Not Exist
Years of touting Sales-Track and never even one document provided to prove its existence.
As the disclaimer states on this post,
"Everything I say and write is my opinion and my opinion only."
I didn't think it was possible but this sounds more unhinged than the "BIEL has no Market Maker" BullShit
Sorry, Opinion makes no sense
100 million shares is being Sold into the Market by KN and that is causing the 66% SP jump.
C'mon, have to come up with a better line of BS than that.
Something is Here
<<<<<<<<< They like to give the illusion something is coming. >>>>>>>>
Attorney Letter Submitted
Buys Over Sells 5 to 1
70 million shares in Volume (February 10th was the last time Volume was over 70 million)
BIEL SP Up 66 Percent
Yep pinhigh, Higher Highs and Higher Lows
Buys = 54.6 million shares
Sells = 11.05 million shares (11 million @ 4)
Neutral = 4.88 million (3.1 million @ .00045) (1.78 million @ 4 after MMs did BS bid drop to 3)
So much for that theory
<<<<<< The fact that there's no Attorney Letter makes me think that Kelly plans to remain "Pink Limited." >>>>>>
Attorney Letter filed 5/31/2023.
Attorney Letter is an important step to 'Pink Current' status
Pink Current makes BIEL more attractive to new investors.
Also note that the Attorney Letter was dated May 11th. BIEL has been sitting on this filing for 2 weeks. Most likely timing the release until other news was ready.
BIEL 'Attorney Letter' on file with OTC Markets
As a result of the foregoing, we are of the opinion that:
1. The Disclosures constitute “ adequate current public information” concerning the Issuer’s
securities and the Issuer within the meaning of Rule 144(c)(2).
2. The Disclosures are “available” within the meaning of Rule 144(c)(2).
3. The Disclosures include all of the information that a broker-dealer would be required to
obtain from the Issuer to publish a quotation for the Issuer’s securities under Rule 15c2-11 under the Exchange Act.
4. The Disclosures comply as to form with OTC Markets Group’s Pink Basic Disclosure Guidelines for Providing Adequate Current Disclosure Statement.
5. The Disclosures have been posted through the OTC Disclosure & News Service.
https://www.otcmarkets.com/otcapi/company/financial-report/373623/content
17 million in Buys Knocks Out 4s
5s Printing
Buys = 17.8 million
Sells = 945k (891k @ 4)
LOL, Well over 100 Million Shares on the 3 Bid Size
Only problem is that only 70k shares actually got sold at 3 Today with a total volume of over 16 million shares. And those 70k shares were no doubt part of the 14 million shares that MMs sold short. BIEL shareholders are holding onto their shares.
Date .... Symbol .. Short vol .. Total vol
20230531 | BIEL | 14413312 | 16483303
BullShit, It is all confirmed on the ihub Trades Page
<<<<<<<<<< inaccuracies and misleading information >>>>>>>>>>
https://ih.advfn.com/stock-market/USOTC/bioelectronics-pk-BIEL/trades
So Much Painting I am Getting a Buzz from the Fumes
The 3 Close was caused by a 1,000 share Trade, a whopping 30 cent Trade.
MMs Bounced the Ask from 4 to 5 so that Five Buys at 4 would be recorded as 'Neutral' and not Buys:
2.332 million shares @ 1:38
5 million shares @ 12:45
5 million shares @ 12:22
387k shares @ 9:41
962k shares @ 9:36
There were over 17 million shares still available on the 4 Ask each time the MMs bumped the Ask up to 5 and each time the Ask dropped back to 4 after the Trades were complete.
The Non-Painted Tape Reads:
Buys at 4 = 16.4 million shares
Sells at 3 = 70k shares
99.5 Percent Buys at 4 .
The MMs hide their manipulation behind their 'Making a Market' mandate to create liquidity.
The SEC usually leaves them alone unless they do something outrageous or an insider blows the whistle on them.
The MMs only Shorted 1 million shares today, very low for BIEL, most days the Shorting is in the 50% plus range. They are supposed to hold an inventory of shares in all the companies they cover but that ties up money, easier to Short when they run out of shares. Traders Sell to and Buy from the MMs not other Traders.
20230530 | BIEL | 1004417 | 6874961
LOL, Pitiful 36,000 share Paint at 3:43 resulted in a 3 Close
That is a whopping $10.80 on a $2,577 dollar trading day.
Buys = 5.3 million shares, $2,148
Sells = 552k shares, $165
90% Buys Today
If BIEL is so close to death's door why aren't people selling at 3 ?
Only 489k sold at .0003 .
5.3 million in Buys at .0004 .
Our friendly MMs broke off two 37,500 chunks from .0004 Buy orders and sold them at .000375 , as well as 15k at .000335.
The largest .0003 Sell was for 300k shares for $90 .
All this Doom and Gloom Chatter, Buys over Sells 10 to 1
Buys = 5.2 million shares
Sells = 515k shares