Replies to post #23348 on Premier Biomedical Inc (BIEI)

[it_happens]

I'm not disagreeing with you because a product should be able to compete in the market and sales history with a growth record is important but confidence and perception do come into play. Look at some of the mj stocks right now in comparison to BIEI. The mj stocks are going up based on election projections and hype without sales. One company recently changed its headquarters from Colorado Springs, where pot has been legal, to California. Sales were less than 3K. Now the ps is worth 3x to 4x? Not based on past sales records but perception.