Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Biel:
5yrs ago .60
2yrs ago .12
1yr ago .08
Information provided by stockhouse.com
Biel can go further if it does things right many stocks have possibilities to go further. Biel is just starting to improve all away around. Who knows where it will be months or years from now. If it can hit .60 cents then it can go further.
I would think because the markets are pretty brutal today gold is taking a dive along with oil, gas and natural gas not up to including the rest of the sectors are pretty bad too. PPL taking profits from the recent rallies I wouldn't be too concerned. It is always like this when you see gold and oil taking a beating. Tommorrow will probably be better. I would expect most stocks had pullbacks today and not unsusal. Wedensday will probably be some heavy trading and most PPl if smart would take advantage right now for low prices on some of these stocks because they won't be down for long. Just a bad day on the market all around.
Markets all around are getting kicked today in all sectors not just BIEL. MM's being brutal and with SEC releasing new rules on naked shorts I am sure the shorts are on a rampage before they get their shorts caught in a bunch. I wouldn't worry too much markets hopefully will pick up EOD trading.
Weird my realtime still showing it was going on it did hit .0815 then back to .0813 I wonder if it is because it is pinks but shouldn't matter paid for realtime on IHUB for a package. Thanks Sheff
Biel is still moving market closed on my side of Canada what time does it close out? Just wondering.
They are better off releasing Friday's PR in the week of trading gives it more MOMO in my opinion. I found PR's releases on Friday do very little to a stock because it doesn't digest PPL are off for the weekend.
Caveat Emptor - Identifies stocks that are the subject of unsolicited spam, questionable promotion, regulatory suspensions, disruptive corporate actions (including reverse mergers), or other public-interest concerns.
Generally, Pink OTC Markets will remove the Caveat Emptor designation once the security meets the qualifications for Current Information (see above) and Pink OTC Markets is satisfied that there is no longer a public interest concern, typically no sooner than 30 days. In the case of reverse mergers, Pink OTC Markets will remove the Caveat Emptor designation upon qualification for Current Information or, for SEC filers, with the submission of a super 8-K, with no 30 day minimum.
Provided by pinksheets .com
Yes Geroge I agree very unsual for pinks not to do some type of split expect dilution but to have debt paid down so fast amazing for a pink...LOL I think Biel might be brand new to the pink exchange. I haven't quite read the rules of the pinks warning signs as to why it was put under Caveat. Even though technically BIEL does have products out there already and they aren't exactly a developmental stage company. BNN has a good issue on healthcare and health care reform today if any one is interested and investigating health care and health care industry stocks and what to expect on what stocks would benift from Obamas reform due to be on Obama's desk by October. You have a good weekend too George.
Headline : July 24, 2009 : Healthcare Stocks [07-24-09 6:50 PM]
BNN speaks with Les Funtleyder, health care strategist, Miller Tabak
Stock Insight on Biel:
BIEL has outperformed its Medical Equipment & Supplies peers over the last three months and over the past year.
Company DescriptionBioElectronics Corporation (BioElectronics) designs, develops and markets a variety of drug-free, anti-inflammatory patches for a range of medical indications. The Company's patch products, which are marketed under the name ActiPatch Therapy, deliver pulsed electromagnetic field therapy, an anti-inflammatory and pain relief therapy. The ActiPatch Therapy products combine a miniaturized microchip, power source and antenna in a soft, flexible outer envelope. When applied to the body, these devices deliver a pulsed radio frequency signal into the body on a 27 megahertz (MHz) frequency wave that induces a low frequency electromagnetic field to damaged cell tissue.
Net Profit Margin
353%
-174.29%-54,113%Even though BIEL's net profit margin of -174.29% is better than last year, it is still below the Medical Equipment & Supplies industry average of 4.70%.
Earnings per Share Growth (TTM)
6,219%
39.31%-4,312%EPS growth at BIEL is improving and is above the industry average. In addition EPS growth at BIEL was negative five years ago but has since become positive, with EPS trending upward. The most recent EPS was -0.0138, an increase of 39.31% over the previous year.
Sales Growth
3,371%
49.53%-2,393%Though the industry is experiencing positive sales growth as a whole, BIEL has been unable to grow sales and is losing market share. This reverses the trend from the previous year when sales growth at BIEL led the industry 49.53% to 1.60%, respectively.
Income Growth
16,220%
30.25%-9,833%Income growth at BIEL was negative five years ago but has since become positive, with annual income trending upward.
Earnings Ratio (TTM)
3,138.6x
0.0xInsufficient Price Earnings data on BIEL.
Price/Book (MRQ)
0.0x
7,187.5xInsufficient data for Price to Book analysis of BIEL.
Return on Equity (TTM)
582%
-22,068%Insufficient data for ROE analysis of BIEL.
Total Debt/Total Capital (MRQ)
13%
0%Insufficient data for debt analysis of BIEL.
Performance was .07 for 2009 so far for now only because I assume it is a newer company starting out on the pinks exchange until it graduates up. Provided by RBC as Biel is pinksheet and probably pretty new for the exchange my bank cannot anyalis the ROE/total debt/earnings etc. Most times my bank will not do pink sheets but will provide what it knows about a certain company and break it down until it is trading for so many years I think my bank updates the information.
Izzy I am a little concerned as I did check out Biel on the pinks but I believe I will go with my bank on this one only because it gave me a bit more of what I needed to know about the company than the pinks. JMHO
Ditto that is the best part besides getting rid of debt.:)
Hemispherx says FDA decision on Ampligen months away
Hemispherx BioPharma said Wednesday it does not expect a decision on its new drug application for Ampligen — the company’s experimental drug for patients with chronic fatigue syndrome —from the Food and Drug Administration until the fall.
The Philadelphia biotechnology company had originally expected a decision, under FDA guidelines, in late May.
The agency at that time informed Hemispherx (AMEX:HEB) it would need another few weeks to make a ruling. The delay has now stretched into months.
Dr. William Carter, the president and CEO of Hemispherx, said staffing problems at the FDA this year have resulted in the agency missing deadlines for making final decisions on about 65 percent of the new drug applications it has under review.
Carter, during a call with stock analysts Wednesday, said Hemispherx has been in contact with the FDA since May and has been “regularly providing reports to different reviewers.” He said he doesn’t believe Hemispherx will have to supply any additional documentation to the agency before its renders its decision.
The company is continuing to talk with potential marketing partners for Ampligen while the FDA review is ongoing.
Carter said the company expects to spend “tens of millions of dollars” on research initiatives studying the ability of Ampligen to boost the effectiveness of influenza vaccines. Hemispherx has such studies planned or under way in the United States, South America, Australia and in the Pacific Rim.
Provided by business journal Philadelphia on google 9 hours ago.
It is on Canadian stocks Pressack actually ended up getting two biotech ones on that exchange. You can email me if you would like at leonjvincent@msn.com for them.
Thanks Gary, I still think I made the right decision but still won't touch genta, got into another biotech stock and doing well. They got partnerships and a good managment, just bought back shares for shareholders, recieving roylaties and have a new cancer drug in phase 2 and approval for one already marketed and the others on their way to European and FDA fast tracked approval and some in orphan approval. I still wish everyone luck in Genta.
Gary I stopped talking because I already made a decision about so why talk. I reread the SEC filing and did more reading and I have decided to got with another biotech stock. I think I still made the right decisions on genta. I will go with my gut on this one and play it safe with my money. I still wish all genta players the best if I lose out not concerned so many biotech stocks out there with potential. I am sorry to say with better management and just as good pipeline. I hope all you guys make $$$$ on genta.
EMA and FDA will look closer than the CLL of the drug and missing a few points will not help they are either gonna pass it or turn it down. Even the big companies who have tried have failed thus so far so doesn't bode well for red tape. FDA is tough either genta has their ducks in a row or not. Everything hinges only on FDA and EMA no one else will matter an whoever may back the drug. No pressure from them will make the decision for the FDA or the EMA Agenda trials or not if that was the case every drug set forth with Agenda trials or onocologists would have been on the market. You have your opinions as well as anyone else has the right too but the drug may or may not be approved it is not a guarentee. 3-4 months means nothing anything can happen inbetween that time may delay the approval or genta needs more financing. Either way PPl can decide for themselves when it is time to go in the stock or not it is a gamble and risk.
Nutriman I respect your posts but facts are facts with an RS and genta. Genta watching it trade only shot up because of the cancelation of the first vote, next day, day traders were taking profits. From then on only was up twice after the ASCO meeting in small percentages pretty much falling those times of high volumes and the rest of the week and after that and then again down below the .01 cent mark after the SEC filing and bleeding more from there. Not only are they months away from approval there is no guarentee there will be approval.
The first 6 million didn't even last them never mind getting another 6 million probably in toxic financing from the same CD holders and it not lasting them if the approval drags on, their overhead is too high by looking at what comes in what goes out. Phase 3 does not nesscarily mean they will be a shoo in either. Genesense has failed several attempts over the years and has never been approved. You do have to look at those facts and along with the fact that genta management obviously can't seem to get it right, their history of this drug proves it, I am not saying it might not make it this time but given the fact FDA has denied it already several times is a bit of an indicator it may not pass red tape again without something else the FDA wants. Approval can take up to sometime years not months. Genta will then need more financing and make the shareholders once again pay for it. I am not trying to bash the stock just looking at facts of genta and I too would only get in after the RS settles or closer to the fall. History tends to repeat itself with genta just by looking at it's history. Just my opinion.
I have to agree with Navy. Any company especially a penny stock that considers a RS is death to them because they are smaller than companies on the big exchanges can withstand a RS but also have trouble keeping their prices too as they plummet in value and price. It is already known as a "black cloud" and negative on the stock market. Very rare occurence companies that do an RS don't have their stock plummet drastically. Genta has done now is third RS. It means they are troubled company which is not unknown by shareholders and it is the first signal of a red flag on the play if they don't get their act together, as they have been doing this over the past few years. Their last two RS were smaller than this one and look at the price now. What do you think a RS of this magnatitude will do, it will be worse.
PPL who own millions of share will drop off because your shares are reduced and it would be harder for them to gain profit with an RS, it would be reduced and you would have to wait further for your to gain the same profit. If you start losing money then it will drastically show in your account as your shares were reduced. RS has been known to make it difficult in liquidity for the stock to get your money out afterwards if the stock plummets drastically. Yes the MM's will have a hey day on Monday knowing they can manipulate and take profit and watch the stock go down to their benifit. In that case the RS still hasn't taken effect and guess what will happen to that PPS will plummet faster because PPl are selling faster than buying.
I understand not many PPl can be chained to the computer or blackberry like me. I usually hold stocks long my other stocks are long. Hubby wanted this stock. I didn't. Wasn't thinking of swinging or day trading this stock. I just take all PRs and what the company is doing into account to judge if I should hold or sell( I already knew the specs of genta before I invested, it was a risk and gamble I normally will stay away from a highly leveraged company)
My investment account does a great breakdown of the company's potential and their ratios and it did for genta and it wasn't good even though it did say it was a hold for concenus reccomendation. Genta just happen to be not one to keep for now long. I could have sold out higher awhile back but wanted to watch it's trading for a bit. I limit anyway gary I do not use stop loss on penny stocks. I did not lose out actually because I bought American I made out even after commission. From Canada so bought this in American dollars at a lower amount at the time when the loonie was high. Thought my investment account with RBC had already converted it but didn't until it showed in my account. I agree with you Gary that genta would have something by now with news considering they have been in this game long enough to know the in's and outs. Good luck in your trading and your family and that the drug approves I know how you feel about it.
Bio did you throw the kitchen sink at him too when drilling him for answers:) Navy you got a cartoon for a kitchen sink..LOL :)
I wish you luck Gary. Stocks that have done more than one RS has been bad luck and already experienced it and this is genta's third and the splits were not as big as this one. It all depends on how PPL figure the news and what they feel is best for their investment. I would not bet against the MM"s either nor the management of genta. I hope genta can make it and that they can bring this drug to approval. I will just wait for awhile.
I wouldn't bet against you smitter. I have a feeling genta will go for same toxic financing it is the only way they can get it with a list of bad moves made by them can get is only toxic financing. I am not sure when the next filing will be but would like to see it before consdiering jumping in again. Thanks bio for going to meeting and giving us insight on the meeting.
Since genta has no reason to halt unless because others reasons of halt is they are being delisted or haven't complied with rules. Not the case with genta. Genta has no impending news unless Ray has it to halt the stock. I do not disagree the stock will take a fall as the MM's have bleed it down instead of putting it on a better price before the RS another reason why I dumped my shares. They don't halt stocks if they drop a certain percentage as many stocks can take a hit higher than that and stocks are not halted on that request. Genta technically landed in .0084 of trading someone dumped at last minute a pretty good big share. At EOD trading last few shares dumped were pretty big.
Monday if anyone dumps big shares say in the 100,000 and up range that PPS will take a dive very fast. It took so many buys just to eke that PPS and not so many shares dump to drop that PPS. Now the RS isn't until July 1 so it is to be expected that Monday genta will take a hit depending on how PPL took the news. MM's will be having a riot of fun on Monday I am sorry to say. Just my view smitter but watching the trading of genta even today though I do not own it anymore is scary. They bounced that PPS for awhile just to get PPl in and blocked out bid first thing in the morning two days in a row and the amount of buying first thing in the morning did not eke that PPS above instead saw only few sell and they weren't huge amounts dropped that PPS.
RS will rise it will take the reverse PPl will buy and it will move and not that many sells will drop that PPS as easily. Only when the CD holders get their hands on it will it be really scary. Sorry for long post.
So sorry sash.:) My bad
Smitter only genta can request a halt for reasons normally stocks are halted on impending news genta already released the PR for the proxy vote and explained the ratio already so it will not be halted on Monday unless genta requests it to be. The dilution part is when the CD holders can convert on what price is agreed and that is why a RS was bad because when the PPS started to rise a price the CD were agreed on will plummet the stock they would have so many shares to take down the price. Not up to including all the financing money genta did for the last 6 million be for sure they are not finished with that yet. When a price is reached the CD have fun and the the rest of the shareholders see the stock plummet, the panic selling starts and they sell too and the PPS goes for a dive. It might drop really fast or over a period of weeks but be sure it will go down.
Gary sashex never convinced me of anything, as to why I dumped my shares was because the company would do the RS and regardless of the ratio. It is the RS that I knew just wasn't a good thing and the company just wasn't concerned where they would be with the shareholders or the company. This was a risky play and a gamble I just wasn't going to take by the specs of the company. Sashsex is allowed her opinions like everyone else if someone wants to listen is up to them but PPl should be making their own judgements when it comes to their stock investment and do their own homework. I respect you Gary but PPl play stocks the way they like it is their investment. Sashex just gave a opinion like everyone else that is all. I still wish you all the best with genta.
Hi Gary how are you? Actually Gary I am not. Did further digging for this stock and the company has not much to offer for awhile. Hubby wanted this stock I did not because it was highly leveraged. I actually dislike subpenny stocks. LOL I just do all home work for stocks and genta of course is a gamble my only regret was should have stuck to my guns and sold at limit for .0087..lol... I sold out at .00086.
I do not see this stock going far until something is done for their share structure and the drug is approved. I hate RS and would not chance it fully knowing what I know of what a reverse split will do. Lately genta's trading has been not sure what word to use but off. I would have thought genta would have uplifted this stock to a decent range before RS but the MM's bleeding it everday some days now more than ususal. Genta wants the RS and it seems no matter what stock holders may say they will INMHO rig it to their benifit and take down the shareholders with them. They have kept all shareholders in the dark about their options and considering they moved the vote down to the nitty gritty wire unable to accept the fact the shareholders want the RS in the first place. They will run out of financing at the end of June. I don't have one itoa of faith to say the least of the company, they seem to make the same mistakes over and over again. I hope the drug is approved only for the benifit of PPl who need them. I guess just following my gut for now. I still have genta on the watchlist. I want to see what they do. I did not lose much money Gary only had 200,000 shares, only lost the commission. I wish all genta holders good luck though.:) I will peek in tommorrow just to see what the turn out of the vote was.
They will go for the max if they can. Bio is correct. I don't see this as a good starting point for GNTA next week stock is falling like a rock right now. I think PPl rather play it safe for now if the RS goes through. I think Bio is right about the fact they just don't give a hoot right now about the stockholders or investors. They would have made this stock a bit more appealing before the RS but choose to drop it like a rock. I sold already got my order filled quickly only took minor loss just commission so not out very much. Right now rather invest in another stock with better specs. Will just watch genta from the sidelines on a watch list for now.
I gotta agree with sash they would have canned this RS the first time around if they had other options but did not. They are really gunning to beat this stock to death and the shareholders and their financing will run out in June with no other choice than the RS. I thought would wait tommorrow to see but watching it trade lately it has done nothing but go down and not even keep above water made me wonder if the CD holders already know the outcome. None of the choices look good for the shareholders right now and would not wait to catch a falling knife at this point with the RS decision looming and genta's optiona. I wish you guys luck on genta and the best that genta doesn't have the RS.
:) Thanks Bio needed some humor today ...lol
Point was that genta had a good pipeline and ppl getting clouded at the fact the drug was so near to approval and that is the only reason not big investors but retail investors were interested and because genta has been proven to be a decent day trade, swing or short. Institutionally owned stocks are always better than insider owned. It does come with a double edged sword when owned institutionally but the profit of a stock that is owned institutionally outweighs the other edge of that sword. These type of stocks that are owned institutionally profit and go further in the end.
I disagree I have 2 stocks in the .20 and .30 cent range and one is 70% institutionally owned and the other has heavy hitter institutionals owned too. The point is the two companies I have have something in common good business plans and good managed companies and viable product that will produce in the future and constant revenue and income and more possible contracts. Instituinal companies want to see those things it is not the price it is the company and how it manages itself and grows.
If you have a good company and the management makes that company grow year per year is what the big investor is looking for knowing that their investment is safe and profitable. Genta has not done these things over the years and have dropped in value dramtically that is why a institutional investor nor a big investor even privately will touch them until they improve drug wise and financing and company wise. So no matter the price they still will not touch genta.
That is exactly it since Ray and his wife are noteholders too. Notably biotech stocks are doing well today except for genta they are all picking up while this one goes down that is sad. There is no way any serious investor would even attempt to pump any amount of money into a stock that is falling. The mms' could have least gave genta the impression that it may be on their way back but no way the way they are taking it out for their profits from the dilution.
Thanks for the article. Seems to me shareholders in a bind anyway we look at with genta. I cannot agree with the RS bringing or attracting investors because genta has too many problems with their history. Otherwise genta price is already low enough for any big investor to get in a better price. Their stock is already doing poorly lately and no investor big time will even look at them otherwise genta would have had offers of some sort and would have not had to resort to an RS because they are considering a RS to pump money into only to see the PPS go down why would they. As is genta has only insiders and no institional investors and doing and RS will do no better for them to attract anyone. With genta mishandling the company too does not make any big investor have faith either in the company. Until genta gets cleans up their books and the drug is nearer to approval will any investor look at them.
LOL he needs a good butt whooping. He certainly is not looking out for the shareholders this vote should have been done and over with last month with the shareholders already voting down the RS this stock would be flying right now...I don't think Ray gets it that the shareholders aren't willing to be pushed around again with his BS.
I have to agree one hundred percent Bio. I noticed MM's closed off ask and bid that is not a good start.
:) Way too funny Navy.
I have to agree with Bio. RS is not good for this company anyway you slice it. RS have become to trendy in the markets lately since the economic downturn and have actually started faster declines in stocks than before. Not good when markets still are a bit unstable.
LOL Navy too fresh...LOL
Thank you bio I know someone else is going too from the google too he/she will be posting it too on the google boards. Hopefully they will not announce it after the fact the shareholders leave. Good luck Bio.
Ryan BK judges true to their own judgement as who the judges see who should get what. BK must follow though BK rules and normally whoever is the biggest creditor must be paid first then goes down the line. Shareholders can present their case if they wish and judge does give shareholders chance to do that but in the end most likely shareholders are the last to get if anything is leftover. BK judge since genta's assets are put up as lien to CD holders genta would have to sell whatever assets they may have to pay back the largest creditor. It better not be Ray or his wife or their would be hell to pay by the shareholders. If Ray and his wife were. That is just asking for trouble with SEC and shareholders as lawsuits. INMHO
True shareholders knew in advance about genta's problems but genta did screw with the fact that the vote was turned down first time around decided it wasn't too their liking and canceled then decided to hold a new vote with an extension of date instead. If the proxy vote becomes approval it can be insinuated they rigged the vote if any shareholder wanted to go up against it. Just my opinion on that.