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Tuesday, October 16, 2018 9:23:55 AM
Why buy BIEL today, instead of waiting for tomorrow? The answer is: there is no reason at all. Been reading that here for weeks as well, and the price has nicely flat lined to its current point, and those 'waiting' have been able to get in at low levels for every 'tomorrow' for which they shouldn't have waited......
Market Makers want your shares? No, they don't need them; billions available when the MM's have orders to fill. How does BIEL get to a dollar per share without an R/S? Quite simple - it doesn't.
For years prior to the FDA partial approval, hundreds of posts talked about the ability of the company to leverage global markets outside the US and FDA approval would just be the 'cherry on top'. Today - it's all about the need for full FDA approval, because those much ballyhooed global sales never materialized; in fact, the company that is supposed to be 'profitable going forward' continues to post losing quarter after losing quarter........
Now, here's a plan to look for with expectation - a deal between BIEL and the Original Mattress Factory of Ron Trczinski fame. After all, all that mattress stuffing with BIEL shares should have significant appeal in the mattress market. With so many people stuffing mattresses and sleeping like babies, it's clear that the original stuffing being replaced is worth more than the shares being jammed into those mattresses - sounds like a match made in heaven......
BTW - you do know how babies sleep, correct? Up every two hours - screaming.........
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