Bioelectronics Corp (BIEL)

[misanthrope]

well horus I know the negativity has enabled me to load 8's four different times since we got full body clearance.

Negativity had nothing to do with getting 8's; there isn't any new blood investing in BIEL, and the market is simply reflecting its complete lack of faith in the company. Full FDA clearance and this couldn't even break .0015, or a half billion in shares traded on the day of the PR.

If news clearly won't move the needle any longer, then only revenue and profits will, and with the latest shareholder update cautioning on the time it takes to ink these deals, those two things are further off than a quarter or two from now. BIEL is likely to continue churning in the .0007-.0012 range for many, many more days.

Historical dilution, bloated share structure, flippers and notes holders selling, and no faith in the company - that's why the PPS is floundering on what should have been momentous news for the share price.