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.
Correct - nothing to see in the posted article except a shill piece for a P&D tout sheet. Newbies (as if there are any) beware. Flipper alert - those sheets are a signal for an orchestrated shell game.
At least in the old days the hype was around things the company had done to trigger supposed tsunamis - now it has degraded to the point of relying on pink sheet scam newsletters to generate interest. Pathetic.
Oh yes, newbies - please do read the classic P&D penny stock tout sheet and get ready to witness a classic penny pump and dump. Unbelievable hype from a (mostly) paid for sham penny stock newsletter!
Take a really good look at the stock photo under the headline and be aware that the picture is not a snapshot of BIEL or its operation or its facility.
Take a look at these classic snippets from the first paragraph of the article and realize a sham when you see one:
Absolutely ludicrous. Longs aren't selling because they believe this thing will shoot the moon (as has been believed since 2015). Makes little difference, as even at these 'incredible low prices never to be seen again' virtually nobody - and certainly no new blood - is buying.
If a buyout comes, will the share structure of 25 billion shares plus provide millionaire making money? And aren't there additional shares that need to be accounted in that reckoning? What's the market cap at a penny for just 25 billion shares? $250 million? THAT is HILARIOUS!
PROFITABLE* -
*includes $120K loan forgiveness
Actually - that brings up an excellent point. My guess is that the next time this shoots up, many people will take the opportunity to sell and run for the exits, since every previous climb has been followed by a long skid.
If that happens, with billions of shares in the market, will it be enough to stymie a rally? If flippers play along, does that further the damage?
Slap .0011???? Not that IS funny!
Absolute nonsense. Profitable solely due to sales and operational effectiveness is NOT the same as profitable* due to a large loan write -off. Clearly the market sees this, hence the share price.
As for the 'small' loan, only desperation would accept a usurious interest rate of 26%. Clearly, the market sees this as well.
Year of BIEL 2021!! Who knew that meant touching trips yet again?
Profitable solely due to loan write-off, and cash strapped to boot.
Trips does not look like copper.
It's not operational profits, and it isn't sustainable without other loan forgiveness in the pipeline.
Cash wise, things are not good, considering BIEL blew through the $120K and borrowed another $50K at a 26% interest rate.
As for 2022 being the year of stockholders, we have heard that every year since 2015, so it rings very, very hollow at this juncture.
It's always just 'one big next thing' for copper. Yet, looking at trips to end the Year of the Shareholder.
Profitable* - due to $120K in loan write-offs. Otherwise, NOT profitable.
Frustrated longs Dewey Pumpem and Howe want you to slap the ask as the share price skids!!
.0012 MONSTER
Hilarious - and complete nonsense as well.
Nope! FACT
Company was primarily profitable* due to a $120K loan write-off. CLEARLY that money was spent, otherwise BIEL would not have undertaken a $50K operating loan at a very high interest rate (26% - OUCH).
Stating the loan is 'probably already paid' - now there we agree - that IS UTTER NONSENSE! The repayment schedule and amounts were clearly stated in the financials. IF the loan had been repaid prior to the release of the financials, BIEL would have reported it along with the misstatement of actual sales growth (which they calculated incorrectly) vs. the same period in the previous year.
Cash is clearly tight.
.0012 MONSTER
NOT nonsense - if the company posted in its financials that they required a $50K cash infusion at an exorbitant interest rate, and could have reported it paid off early due to an improved cash flow, the company would have done so.
Therefore, claims that it is 'probably already paid' are at best pure speculation, and more likely utter BS.
Wow - 26% - worse than credit card rates. Nobody borrows on those terms unless forced to do so.
.0012 MONSTER
Accompanying PR to the financials release would surely have indicated if the loan had been repaid. Clearly, the loan is in force, and coupled with a $120K loan forgiveness that provided profitability*, makes abundantly clear that cash flow remains a challenge.
Absolute nonsense. The financials give the payback rate and period and indicate the loan is still being paid. Right there in black and white.
LOL. So no need to borrow $50K in Q3? But they did - at 26% interest.
Profitable* - due to loan forgiveness. But clearly not cash flow positive - or they wouldn’t have borrowed money in September at loan shark rates.
It’s important to read ALL the financial statement.
The shares weren’t sold short by retail. Impossible in sub penny stocks. Prohibitive costs and US brokers generally don’t allow it.
Failures to Deliver on their own - again - is zero evidence of naked shorting.
Many many posters have been accumulating shares here for years and many have stated they own millions and millions. Also could have been a couple or more retailers dumping shares and not just one.
No case for manipulation. It’s not surprising people would be selling. Frustration for some would certainly drive selling. After all - all the hype has failed to deliver the fortunes people kept expecting. Understandable if some lose patience
Oh - and the price can rebound if retail investors think the current price is a value buy - which clearly many do, and that action would raise the share price - and not be manipulation.
Nobody has any idea of why a retail shareholder may take a particular action. Patently ridiculous frankly to think that just because it might not be the smartest thing to do, someone might not do it, and may actually have the desire or even the need to do it.
Not a shred of proof for manipulation provided
Exactly - it would be unlikely to see the entire 25 million as a single trade.
Yep. And that is NOT manipulation. Thanks.
It’s dumping because someone was willing to unload at a low price. Someone was also willing to buy at that price, thinking bargain. Market at work.
Daily FTD’s - as happens on all stocks and shown on the daily RegSho report - is not, nor has it ever been - evidence of manipulation on its own merit. Common misconception, but misconception nonetheless.
There are great explanations of this for good holiday reading. Very informative.
If the price hikes next trading day by three or four ticks I’m sure nobody will mention manipulation. Lol
FINRA's daily RegSho is NOT evidence; FTD's are common on all stocks at any ONE given day. The RegSho isn't simply a one day snapshot that tells the entire story.
As for seeing who sold, then look and see who bought as well. Someone getting what they believe are 'bargain' prices. True manipulation - if it exists, goes both ways, up AND down.
If a shareholder decides to dump shares, like maybe 40 million, the market doesn't wait for a single buy order of 40 million to purchase said shares. Any stock on the market - penny or otherwise - will see trades executed in blocks of various sizes, even many trades to complete a single buy or sell order, in small increments of time. The ticker you provide doesn't mean a thing. Some posted here that they bought those shares - like 10-11 million. Those entire buy orders didn't execute all at once either. Geesh.
The buys and sells of 'legitimate shareholders' aren't going to necessarily appear as executed all at once in single transactions.
Someone dumped - someone scooped them up to get 'bargain priced' shares. Simple.