News Focus
News Focus
icon url

Det_Robert_Thorne

10/15/15 6:32 PM

#58240 RE: stockdarockk #58237

Toxic Debt now the first thing I check

You make a lot of sense.

Whenever I hear about a fast mover, the first thing I do is check the most recent filing for toxic debt. If there is any, then that raises an immediate red flag.

Maybe BIEL will get its FDA approval and a $50M license, but what if that happens when there are 12B - 15B outstanding shares (or a 1:100 reverse from that same number) and still $9M in notes on the books plus $25M plus in accumulated deficit?

Good luck to you in your trading as well!