Bioelectronics Corp (BIEL)

[jebco]

Does anyone know of a logical reason for this day-after-day, substantial drop in price, with relatively heavy volume? I am at a loss to understand what is driving this pervasive downward pressure. I do realize that several important milestones have not been achieved and many are losing patience, but there really hasn't been any substantially "bad" news that would push the price sharply lower. I admit I am naive to the inner workings of the market and I would love the hear anyone's educated perspective on this. Thanks.