Bioelectronics Corp (BIEL)

[misanthrope]

An informed jury would say no proof.

Every time the share price sinks it's blamed on manipulation and MM's. Funny (and illogical) when the same folks get zero credit when the price rises.

The fact is that the price rises on news, and then dips when the move upwards can't be sustained, and 'tight fisted longs' bail and flippers hit the exits until the next run.

Reality: The first 'profitable*' quarter didn't make much of a market impact, and while the price was sliding someone, or some people, dumped some shares and dropped the price further. That's it - nothing more.

Many are comforted blaming a boogeyman, because it's difficult to believe other observers can't see what current investors 'think' they see - a gold mine. This 'gold mine' has been predicted to produce for years:

Hundreds of Russian sales reps
Multinational contracts
OEM's
National Health Services in Britain
MundiPharma
The VA
Some hospital somewhere
Profitablity*

Not one of these could provide a sustained run, or the predicted penny PPS. It's always spike and drop.

Now it's 'one more OEM announcement'. The market - at least for now - says 'nyet'. On to 2022.