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I was not referring to anyone in particular, and certainly not you in reference to that remark.
Whoopee - I stand corrected. There IS a very few number of shares in the short bucket - but please keep that in the context of 60 billion shares, and understand that at those levels those shares are covered without effort and do not lead to any kind of short squeeze, which is the implication behind shorts being 'scared'.
Similar numbers have popped up mid-month and month-end in prior months - about three times over the last ten years. They added nothing close to a short squeeze on any given trading day.
Spot on short tutorial on the importance of share structure. People will ignore it at their own risk....
Flipper's paradise - that's why....
Yes, ignoring share structure in BIEL's case is certainly nonsense.
Exceptional post - much appreciated.
There are no shorts to get burnt. Please refer to FINRA site for accurate info. Best wishes.
No shorter of BIEL. Fact.
Nothing to see - the facts are available: zero short interest in BIEL. Anyone expecting to see a run due to share shorting is in for disappointment.
The claim of shorters in penny securities is false 99.99% of the time, due to the near impossibility of shorting sub-penny stocks, not to mention the risk and cost, since any brokerage willing to allow shorting at these levels exacts an exorbitant premium on top of the cost of the shares. Again, the FINRA site is authoritative, and shows zero short interest.
Most people thought 2019 was the year for BIEL to blossom. Of course, most thought 2018 as well, and 2017, and 2016, and 2015......most people have been consistently wrong.
Better change in 2020? Sure, with AW gone there is some hope. Time will tell, but I wouldn't be surprised to see the refrain change to '2021 will be the year for BIEL'......let's see how the first two quarters of 2020 go.
Just a reminder - not too long ago there were a myriad of posts trumpeting the outstanding sales of ActiPatch on Walmart.com...... gee, what happened? Q3 revenues were awful, and now we are moving on to the OEM model.... It's like with with BIEL every time. At some point BIEL has to actually execute.
We may not know all BIEL has in store, but we know plenty about what it will take to get the PPS out of the toilet. That said, if in six months there are no signed deals, and the CE mark remains in limbo, and the FDA does not come through with full approval, and there are no sales increases/profits, you can go ahead and write 2020 off and start looking to 2021...
Shareholders might be happy with a penny a share; those holding millions would have plenty of profit after years of buying the in the trips, no?
Of course, that doesn't do anything to make predictions of dollars a share at this juncture, with current share structure, any less ridiculous.
Unfortunately, getting to a penny per share and maintaining that level is made difficult precisely due to that same, bloated share structure. Flippers will run for the hills for short term profits, and even longs will cash out enough to recoup the initial investment and years of paper losses. All that will serve to depress the PPS.
A long term big win needs both long term profits at fairly substantial levels, AND a change(s) in share structure. No getting around that, regardless of any 'standard of care', which is also some time in the future.....
Agreed.
Isn't it humorous to see the same name resurface repeatedly, instigating a new 'run' on thin air, or less?
Scams never change, do they.......
I agree with your recommendations around share structure, though I don't think 34 billion would be low enough to get those results. Never know though, the world is indeed nuts....lol Christmas miracle, perhaps??
Completely unprofessional, and embarrassing as well......pathetic.
We have moved on from Andy's stubborn belligerence to Kelly's juvenile foolishness.