Bioelectronics Corp (BIEL)

[strikeitrich]

Last time, when they did the partial FDA approval, trading picked up Friday afternoon about an hour or two before the close. All the insiders getting their buys in. That told us something was happening. After close we got a company notification that they had received some approval from the FDA. So then, Monday came the announcement from the FDA — when they normally announce decisions — and by that time Biel had taken off, reaching 50 cents eventually. Then people realized that we hadn’t received full back and body clearance but only some stupid gender difference nonsense and neck, and we started to drop. That’s the way I remember it. I know there was a lot of insider trading on Friday afternoon before any kind of announcement. That’s what I’m looking for, then maybe something from the company after the close. Nothing FDA official until Monday.

Anyone else remember it this way? I know some people heremonitor the Monday FDA announcements.