There has been some very nice volume for Biel over the past couple of days/weeks. Any thoughts on the chart?
O/S is in the neighborhood of 2.8B, A/S should be 3B. Recent rise has everyone curious/speculating on what the cause is. Only known event that is related to the stock is FDA Advisory meeting for Shortwave Diathermy Devices (SWD) next week. Biel is seeking OTC clearance for 2 of their SWD devices and the meeting may or may not work in their favor.
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