Read This & Dive In On Monday:
Stock Statistics:
10.7 Billion Shares traded after FDA clearance at an average price of 0.0014. The dollar amount traded was at 15.4 million dollars. That is a record trading within a short period of time.
The stock pps now sits at near half of the 0.0014 average. What this means is that those who bought high recently still have a huge opportunity to buy and average down since the stock price sits at a much lower price than their average. If you can afford to average down and hold, that will be a huge opportunity.
In Q2/2017, we have 1.13 billion shares traded at an average pps of 0.0007 for $820,000. This shows that investors are indeed averaging down. If they keep doing so, the stock price will continue to go up unless a fresh waive of dilution is introduced. The message here is that if the stock trades in a closed loop circulation, without any dilution injection, it will continue to rise nicely even with no additional news. Add the news and it will lift off big time.
For Biel Management Team if possible, they should push the brake on dilution. Since most of the funding is coming from family investors, I think they should be able to inject more money into Biel without recovering some of it in a short period of time. It is easy said than done, but if they have the money to do it and hold, they will be better off. They have a stake in the success of Biel more than anybody on this board.
Since we are in a sub sub penny stock category, we don't need to keep reminding that this is a risky investment. My rule of thumb is to never invest a penny here that you can't afford to lose completely. With that in mind, Biel is almost risk free based on its upcoming potential. I am investing in Biel as an early retirement stock. I am willing to take the risk, if any.
News 
Market Data 
Discover 
