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Re: Thehustle post# 37460

Wednesday, 04/30/2014 12:24:35 PM

Wednesday, April 30, 2014 12:24:35 PM

Post# of 335045
All well and good hustle, but in order for volatility and upward movement to combine, there first needs to be a significant PR by the company and/or a significant news release by the FDA. I can't think of much else that will cause the stock to go hard as Riceman has mentioned a couple of times such stocks do under positive circumstances.
Patience is king and has been for almost 5 years, but a lot has been accomplished. Does anyone else know of a similar situation where the FDA has proposed creating a new category of drug or device. I call that game-changing and we're right in the middle of it, now!
(1)New category proposed by the FDA; (2)will it be created?; (3)new 510K application by BIEL; (4)FDA consideration; (5)will it be approved for OTC sales in the U.S.?; (6)patented; (7)BIEL products work well; (8)no drugs; and (9)no side-effects.

Seems like 9 steps to me and between the FDA and the company 6 have been accomplished or will be very easily. That leaves (2), (4) and (5). I feel we can eliminate (2), why would the FDA make such a proposal if they did not intend to do so, makes no sense. Patience rules.