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Thursday, May 24, 2018 10:54:05 PM
Another element of importance that a lot of day traders and short term traders missed is dilution. They were very disappointed at the low and lack of dilution taken place at BIEL. BIEL knows that they are getting very close to generate enough cash flow to run the operation before the need for dilution. The minimal dilution or the lack of dilution is another important factor in stock stability to the disappointment of many short term traders and day traders.
The analyst the other day tried to scare shareholders when he start talking about the 200-day average skipping the 20, 50, and 100 day. His plan did not fly and was muted by the longs.
Although this discussion is important, it is really off focus for a company like Biel waiting for a Huge NEWS from the FDA and meeting with them again on May 29.
Slap that Ask and Sleep like a Baby
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