Bioelectronics Corp (BIEL)

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Hit the Nail on the Head Pro

The initial drop to .0063 - .0065 is what could have been expected from profit taking after Thursday's 52% gain.

At 3:10 with the SP at .0061 an attack started which drove the SP down to .0048 at 3:23, just 13 minutes.

By 3:32 a strong recovery was in process with the SP at .0056, and as we all know a .00625 Close.

BIEL's MMs had been selling shares that they did not own and did not borrow during the 4 day run that took BIEL from .0036 to .0074 .

Friday's Attack was the attempt to Cover their Naked Shorting.

Date.....Symbol..Short vol...Total vol

20210211|BIEL|275704035|465587897

20210210|BIEL|115800272|193522867

20210209|BIEL|87367109|161620016

20210208|BIEL|124460649|187013985