Premier Biomedical Inc (BIEI)

[EHRjunkie]

I have to admit something, I've been buying last week after april 1st. I've been one of the most critical posters on this board because I think BIEI sucks and I don't trust Hartman & Felder. Nothing new, still think the same. So why did I buy? For a very simple reason: BIEI will get a huge funding from the NIH. Talked to a funding strategist from one of the Big-4 accounting firms (doing overtime) and he told me that because of this exceptional crisis huge budgets are made available (already billions and more to come) to every company in medical research that comes up with a potential remedy or cure. It's a no brainer and BIEI will qualify. If BIEI sends out a PR about NIH funding research the SP will fly. In the past 10 years they were never able to do clinical trials or anything else, this COVID19 crisis is a gift from heaven for BIEI. Doesn't mean they will get anywhere developing a cure but that's of no importance. Look at what happened when they published their "provisional" patent, SP gained 900% and with news about funding this stock will go crazy. But don't forget to sell and take profit when you can because the party will come to an end sometime.