Friday, January 15, 2010 12:18:39 PM
1. It's ovesold. Sitting at 200 moving average .045
2. FDA clearance was supposed to come out Mid December, so expect FDA clearance any time from now.
3. News just came out this morning about the sales of their products in Europe and latin America coupled with the expected revenue increase going to 2010.
4. Direct response TV marketing that started early this year has been very effective. Many orders are coming in.
5.they have completed negotiations with a well financed public company that will act as their marketing partner in Japan. Pre-orders are expected in a few days from this company.
Based on the above mentioned reasons, I have no doubt that from now on, ..
.045 that BIEL is trading now which is the 200 moving average price may never occur again. There is a huge opportunity for anyone to get in now and load this babe before it becomes too expensive to buy. Short time target is $1.00 provided the company was not bought out on FDA clearance. Good luck everyone.
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