InvestorsHub Logo
Followers 369
Posts 10529
Boards Moderated 0
Alias Born 12/03/2009

Re: Simpsonly post# 30631

Monday, 06/10/2013 11:11:33 AM

Monday, June 10, 2013 11:11:33 AM

Post# of 330848
This stock will reverse split and wipe out a lot more in money. They have to. The writing is on the wall, that BIEL can NOT survive the time needed to do the next steps, the FDA has told them. No amount of dilution at these levels will be enough. I am not and havent been looking to buy in. This is far from the worst that is going to happening here. Its been started for some time. Andy and co. knew of this and dumped hundreds of millions of shares on the buyer at higher pps's. Now everyone else has to fight the carnage thats left. This will get much worse now. Wait for 2 weeks, when its in the mid triples and they need to dilute bills. Sorry its to low and has to RS now. Then a quick 30-40% drop after the split. Buying now is a donation if you are here for the technology. Flip but flip quick as real life bills are a coming again soon. Everyone now know's the appeals are shot. The long route and trials Ive tried to share are now in writing. BIEL is worse this time around. Dont expect this to make it.