Bioelectronics Corp (BIEL)

[seven-up]

Great post by JustGoDeep Member Level Saturday, 12/08/18 08:14:24 PM
Re: Chrism0000 post# 164097 0
Post #
164110
of 164570
Gone silent for a while.
Read the news letter that the CEO put out in yellow stickies above. Posted by seven-up.
Biel has been moving at a snails pace, unfortunately. That can change in a heartbeat.
Right now positivity cannot overcome the negativity.
We are in tax loss selling season. This time of the year people that lost money on a stock will sell to
offset gains in other stocks.
As fast as this came down it can go up just as fast or faster.
This needs just one great press release. Nothing has changed but the set back of the FDA and Dr. Scholls,
due to a sale of that company.
Image the price rise if they announce a partnership with a major Pharmaceutical Company.
Perhaps the Veterans Administration will place a large order and make this instantly profitable.
100K order would do it.
9 Million Veterans and if they hand this out to just 1% that is 90,000 X 4 or more a year.

Right now there is about only 400 million shares on the bid at $.0005. That is a Market Cap
of only $10 Million. At $.0006 it is $12 Million WAAAY oversold.
Will tax loss sellers take it lower the $.0005? Maybe. I am watching and looking to add a hung
amount of shares. Will I get 3, 4, 5, 6, 7, not sure but will be doing a major buy in the next 2-3 weeks
before January.

Biel just needs the one big break, but Mundipharma, B Braun and NHS will make this profitable next year.