Wednesday, June 02, 2021 5:52:42 PM
Day Traders rarely stick around very long hence the name.
The Reddit Push began on 1/25, moving BIEL up 13% from .0021 to .00237, on 122 million in Volume.
The biggest gains came on 1/26, up 66% to .004 on 426 million shares, and 2/11 up 52% to .0074 on 465 million shares.
.0074 was the highest Closing Price, the 8s were all Intra Day moves never holding until the Close
BIEL had closed at .0021 on the 4 trading days prior to the Reddit Interest and we closed at .002765 today long after the Reddit Crew has moved on.
This was not a case of BIEL Fundamentals changing and investors selling, it was a case of Day Traders moving into BIEL for a quick profit and moving on.
Today it took a Fake News story about KN and 26 million shares Shorted to move BIEL down 1.2 percent.
http://regsho.finra.org/FORFshvol20210602.txt
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