Bioelectronics Corp (BIEL)

[Simpsonly]

Couldn't agree more with what you have said about Wall Street and the whole industry Super. Anyone of us could have written it quite truthfully.

The real estate developers - house builders - real estate agents - mortgage lenders and lawyers all made incredible fees up-sizing America on real estate, then Wall Street hid the mortgage backed securities with outher good product and rolled em out on the unsuspecting - then the bottom caved in. Reminded me of the S&L crisis in the 90's - remember Resolution Trust Corporation? Same thing. What drove it all? Greed. When will we learn?

I invested in BIEL because of the product and only because of the applications before the FDA for ActiPatch and ALLAY following the fact that they have approval on RecoveryRx. I will never risk capital again, based upon what a stockbroker pitches me on. They are conflicted, they make money off us win or lose.

I learned that lesson real time a few years back and will not change my investment strategies from what they are today - wait for a scam of huge proportion and buy real estate when big government movers in to expose the bad guys and politic a clean-up. Catch some real estate near the bottom on the basis that it must create positive cash flow and it must be in an attractive location.

I've done it four times - four financial cycles and this time have acquired manageable condos in four states - all for cash, all rented. BIEL is my only stock play.