Bioelectronics Corp (BIEL)

[GetSeriousOK]

"all of [the prices] too high" -- the Law of Supply and Demand agrees with you. Assuming, of course, that there is a demand for the product, if sales are bad, the price is too high.

The problem with KT Tape's 250 hour version, as you state, was the price. If they could have sold that 250hr version for, say, $15 or even $10, it would have been a fine idea.

And their 720-hour version is overpriced so it's not going to sell either.

How could a company like KT Tape not understand the Law of Supply and Demand? It's MicroEconomics 101. I understand why Whelan doesn't get it, but KT Tape?