Bioelectronics Corp (BIEL)

[4toSchool]

IMO, patience is required now more than at any other time in company history.

Why? Because in the past 20-years, an investor could sell their BIEL shares and buy back in at their leisure, perhaps for even a lower pps. Now, IMO, the pps is moving up in a multi-year trendline. As you likely know, trendlines are the average of the peak and valley cycles. Like any stock that trades, I believe BIEL will have normal short-term cycles, but the trend is higher, much higher; higher highs, and higher lows.

Some investors have the guts to try and sell at the cycle peaks and buy at the cycle valleys, but I don't. I just hold and accumulate on pullbacks. I needed to average down a significant loss on this company.

Look at the 3-month chart. I definitely see short cycles, which is normal. If the stock follows the current trend, it is a good time to buy as it may be at the bottom of a pullback.
Go $$BIEL$$