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Projecting 2.5 million per quarter in profit for a company that doesn't gross that in an entire year.....hilarious.
Hope those deal makers aren't reading this nonsense!!!!
If we are going to make up numbers - why not 10 million in profit per quarter - or 20 million....?
Projecting 2.5 million in profit per quarter for a company that can't generate that in gross sales for an entire year.....?
Let the dumping commence - clearly some investors could discern the numerous and concerning negatives in the latest financial report.
Welcome to .0005's. The tsunami continues.
Definitely a lack of interest from the market at large. That was proven by trading post-FDA full body approval. The only 'new' blood was provided by flippers, and I guess even they were disappointed by the pathetic and short-lived spike it brought. After that the well went predictably dry, and the price wound up a full 1/3 lower than pre-clearance. Pathetic. There aren't any 'newbies' in the least interested in BIEL.
Wonder where all the excitement is over the expected Q4 financials...? There were some expectations of a pleasant surprise. Had that been the case investors might have seen those by now; instead the company appears to be taking advantage of COVID-19 to keep them hidden awhile longer.
Let's say we get this much expected news shortly....will there be another tsunami like BIEL experienced on FDA approval? Guess we can expect a share price of .0004 then - just drop it another 1/3 and move on......
Unless an announcement includes reliable predictions of unit sales and revenues, it doesn't look like it will do much for long term investors. Flippers, of course, will make some cash, as they always do here in BIEL land.
It's interesting that she holds shareholders in such absolute contempt - you know, the same shareholders that bought all those diluted shares from which she made millions according to her SEC testimony. She should be throwing those folks a party.....
Nonsense - BIEL had already dropped a third of its pre-approval share price prior to COVID-19. The pandemic has nothing to do with it.
No worries Steve; .0005 is part of the predicted post FDA full body approval tsunami.
That sucking sound is merely the accompanying undertow taking investors dollars out to sea.....
From .0009 to .0005, a drop of over 40% post approval. Horrific embarrassment is the only way to look at it.
MM's don't need to do anything to get shares. They have access to all they want, and BIEL management has succeeded in keeping the share price in the toilet. I am sure the MM's remember KW in their prayers daily...
Yes, hilarious isn't it? Kelly makes millions on BIEL shares, and longs are stuck at .0006. So funny.....
KW can laugh - by her own SEC admission she made millions from BIEL shares. Investors, meanwhile, are left holding the bag at .0006. How hilariously funny that is - NOT.
Might want to wait for more news....based on the stock's performance post-FDA approval, news of deals might drop it to .0005 or lower.