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Hi powder dayz,
Just checking what is the scoop on this stock. Timing seems right to jump in. Give me an update or synopsis if you don't mind. I might throw some money at this. What do you think? You seem like an active poster. Okay to get in at .ooo2?
I totally understand I am not sure I made the right decision. I am in pretty big with millions of shares. Right now down pretty big.
Alright. I bought LVS at close today around 42 dollars/share for 400 shares. I wanted to buy a few million shares of BIEL but don't trust the situation with all the dumping and inc. in the share count. I am gonna try your strategy of selling when it is up 5% or so. I am hoping it is tomorrow but we will see. I will keep you posted on how it goes.
Agreed and maybe even a fifth of this price. LOL. Kidnova are you still sitting on the sidelines or did you buy back in?
That made me laugh. I feel your pain MADP. I was gonna buy some more but don't know when the dumping stops. The may hit .004 and I don't understand all the dumping.
Got it. Thanks.
hey can you let me know when you think it is time to buy. I.e. Auto off the ask or bid or whatever. also what's with the really low volume today?
Thanks for the info. I tried to private reply but guess I don't have that feature. GLTY.
Got it. How do you view level II and which company do you use?
I am on the sidelines as well. Let me know what price you feel is a good entry point and when you make the jump. Not sure how to read this thing.
Not sure. It may be...... Kidnova knows the most about how to tell that. All I know is that if I own x number of shares and now the O/S and A/S has increased significantly then the value of my x number of shares has gone down.
Very funny guys. I totally agree. by the way for what it is worth MADP I would of invested that money you did at 0.08 as well. As a matter of fact I bought at 0.005 and .0064 a long time ago. Bought at .02 and .03 and .05 and .06 probably .08 I lost track. But all seemed like good times to buy with "news around the corner?" Now my large position is getting diluted on a daily basis. I need a patch for the headache this stock has given me. LOL. Yes I have talked to Andy in the past as well and he said no dilution....I don't BIElieve him anymore. LOL
Got it thanks. I appreciate it.
Is the dumping of shares by BIEL over in your opinion or are the same players there on level 2 just taking a break?
why are we up 25 percent? the investor update was not that great? when does the dilution for the day not this back down?
Thanks for the info and your opinion. I am not sure what to think. I don't like the dilution that is occuring and not sure that I want to buy in more as the share price keeps falling. I don't think calling Andy helps as he will just paint a pretty picture when I need truthful answers and yes I have talked to him in the past and he said something similar to what you said. He told me no dilution probably not until approval and then the funds would be used for marketing and getting the word out about the product. Thanks to Golden for the share structure and update that confirms what was expected. As always opinions are welcome. Yes I have done due diligence...good products with endless possibilities....but not sure about management. Lots of hype and little fruition at this point. LOL
That is what I thought but couldn't tell by your previous post. I thought you were still buying. What are your thoughts on this inc. in the last few months of the O/S and A/S.
Just getting caught up on the board. Thanks Golden for the share count. imrichbeotch is that what you meant to say??????that you wish you couldn't buy more at these levels???? Just checking. I have some money that should clear in the next 4 to 5 days, but not sure what to do now that the O/S and A/S keeps going up.
The fact is that this stock has done very poorly to say the least. The reverse split as always was a bad idea and I felt that I was the only one who voted against it. The old investors were screwed to say the least. To lose 90% of your value in your investment plus some stings to say the least. Then the company releases statements as to why the stock is doing bad well......old and new investors have been burned. Also why not look into a stock buy back and see if that is a possibility if the company is doing well with money. We would not know as we don't trust management anymore as stock holder who has lost thousands of dollars and now been reversed split on with what was a substantial amount of shares now down to almost nothing. Thanks.
FYI to all (not intended to be at you MADP) the rules change everyday. Some even stop letting you trade the stock when they want to. Pathetic. I'm sorry for your loss and not sure why people are bashing you. You have a right to be mad. It was just bad timing when you got in (but based on everything the company was saying it should have been good timing to get in with "approval around the corner". I would of thought we should of heard something any day like they have been saying for years. If you have any money left please buy some more so you bring your average down and get your money back. If not just hold and we should get a decision. It has always been a yes or no stock for me. FDA Yes we will go big. FDA No... it is going to be worth nothing or close to nothing.
Thanks for your time and energy. I really appreciate it. Good luck.
What estimate did you have before for the O/S?
To Everyone,
I have contacted Andy in the past. He said that there would not be dilution at this level as the stock price was so low it would be pointless. But yet the O/S seems to have increased. I am not sure what it was before. So someone is not being truthful in my opinion. So not sure how much it helps to call and talk to the CEO. This is all my opinion.
Also if we had a phone call to the FDA last week then doesn't that reset the calender 60 days for them to render a decision.
Also used the product for my back last week it had been sitting on my desk for months and it worked. :)
Just because someone made a correct decision to get out and then get back in and essentially short the stock. You should not criticize those who held as a decision was supposed to have been rendered a long time ago. The FDA has delayed and asked for more information for a long time. Hopefully everything is in place and MADP will get his money back and then some. Sometimes you or anyone for that matter is not in a position to average down and buy more of stock that has gone in the wrong direction. Good luck to all.
That is a very confusing response to the question of dilution. Of course it matters with overall what your stock is worth. It is probably more complex but for simplistic sake it is Market Capital divided by Total Shares. The more shares there are the less your shares are worth.
At least they have some money to get this thing done. Also at least he (Andy) seems aware that in order to inc. the share price and add value to the company dilution should not happen as it will hurt the people who have invested in this company for so long and also will deter future investors.
thanks for asking fuja21.
cool thanks
My other concern would be about dilution. Could someone ask Andy about that. Thanks. Sorry not in on the conference.
Could someone please ask about the development of a shoulder patch. It would make sense with the product line. Also post surgical treatment along with several pains that occur with the shoulder.
The jist of it is that BIEL has a lot of products that treat back pain, knee pain, heel pain etc. The have an approval for eye patch status post surgical procedure for blepharoplasty (eye lid treatment) that has to be written by Rx or used in a surgery center. It is used in a small niche market. They have applied and been painfully waiting for approval of their patches to be sold over the counter. Seems pretty simple but is very complex because they are starting a new category of treatment. The FDA is and has been asking for more information on several occasions. BIEL and management submit stuff and say they expect an answer then the FDA comes back with more questions. In the meantime the stock price falls while the wait continues. There is also some speculation of dilution that BIEL may or may not have done to keep money flowing. They have gotten approval in other countries but sales are lagging. Most of us longs feel the U.S. is the big ticket and should propel our stock to at least 10 cents. That is a very low estimate but very realistic. I am actually hoping eventually for a $1 but don't know if that will happen. We will just have to wait and see. All just my take on things and my opinion. By the way this is the cliff notes version. If you got in last week then I think you caught the ride up as there will be a conference call on Oct. 6th and this is speculation buying.
It was probably a video conference that was done with Joel Noel ? Spelling of his name. I doubt it is still around.
No worries. This will close up today for sure in my opinion. This is anticipation leading up to the investors meeting. Now some people might dump prior to the meeting as they will have just been playing the hype leading up to it. But you never know what might happen.
I sure hope so.
I pray and hope you are right. I'm pretty much all in. LOL
Does anyone think that this just might be some company buying before the investor update next week? I hope it is something bigger like FDA news but have a feeling it is just related to getting in befoer the investor conference next week. I can't wait to see this thing take off like it used too. Remember when we went from 2 cents to 3 cents in like a flash and then we hit 5 and 6 cents almost seemed like we were going up a penny a day. Hope that action returns. I and many others have been waiting a long time. Go BIEL.
Not to be a devil's advocate but lots of drugs and products are approved in other countries and not in the U.S.
Believe me I have millions of reasons why I want this approved. LOL
Any thoughts on the investor update. I am not sure what to make of it. Sounds like a lot more waiting.
Thanks,
I have use TDameritrade, Zecco and Scottrade. They all make you wait at least 3 days to buy while your money supposedly clears. With electronic check clearance or automatic deposit like you said the money should be available the next day in my opinion.
This ability to heal and treat disease is amazing with this therapy. If we can just survive management poor decisions and inability to increase value in our company and stock price. Also the fact that small shareholders have been screwed by the reverse split. My few million shares is now a few thousand or whatever the reverse split did.
Educate me please on what are LOI's?
Dilution and reverse splits are only over until they need more money. Then they become back on the table.