Bioelectronics Corp (BIEL)

[jimelee]

Interesting short data for $BIEL

8/9/21 - 9/7/21

Total volume: 1,462,397,684
Short volume: 907,384,386

Even if nobody else bought shares of BIEL and shorty bought back all of the volume not shorted, that still leaves 555 million shares that have yet to be covered.

The fact is that others like myself have been eating up cheap shares and holding, there are far more than 555 million shares that still need to be bought back.

That seems like a good incentive to try to keep the price low, but it is really hard to do with a stock like BIEL where nobody is interested in giving up their shares. When the buy-back starts the price will rise.

A squeeze would be fun to watch, just a bit of news would be all we need.