Bioelectronics Corp (BIEL)

[art2426]

After 9 years invested and watching this price/share over that time, I could never predict where it is going without news. With news, we have some history. All I know is that most all of us who have been here such a long time have invested originally for that evasive FDA CLEARANCE. Many have quit waiting, sold and are now on the sidelines, but IMO they are still watching closely to the progress and again waiting for that all important USA FDA FULL CLEARANCE. Yes we have clearance on two products, knee and foot, but make no mistake about it, that was a disappointment as all were hoping for the BACK to be included. And understandably so, as The BACK, we all know WILL BE the biggest seller. Thus the paltry price rise reaction after JUST foot and knee. With FULL CLEARANCE all chips will be in and stock price predictions will be running rampant. Where it peaks is anyone's guess. But a safe 'guess' is it will not trading where it is now ---- ya think? So here at .002, .003 would make one think that it would be a good buy. Personally, with news expected and occurring, a penny IMO is imminent and a dime doable. I calculate P/E with historical multiples on potential and these numbers I feel comfortable with and looking forward to. Of course it is just my take on all of this.