Bioelectronics Corp (BIEL)

[JustGoDeep]

Biel Stock is already in Classic Overshoot Territory

to the LOW side.

Before the filing Biel price was $.0038 with a Market Cap of $76 Million for all authorized shares.

5 Billion would be 25% dilution.

(Calculated from Market Cap the number that matters.)

Biel stock price is currently under that number at $.0027.

5 billion dilution the equivalent price would be $.003 stock price.

76 million Market Cap divided by 25 Billion shares = $.003

Dilution has basically already been priced in.

If the Stock price were to go any lower it would be an "OVERSHOOT" in the share price of Biel Stock.

Any "OVERSHOOT" would quickly be gained back with Great News and we Know we have a LOT of it coming!!

Always calculate from Market Cap and NOT negative investor sentiment.

Why?

Any OVERSHOOT would and will be very Temporary in nature.

Now with ALL that said, we Longs know that Biel is currently WAY Underpriced.

If the companies needs a few million to get over the finish line, I am fine with it.