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edbi46

09/09/22 4:39 AM

#298500 RE: JNdouble1 #298497

WOW-WOW-WOW, stating an "opinion" as a fact is truly atrocious, yet, you missed, conviniently, as usual, how many times its been posted on here all those shares FAILED TO DELIVER by your MMs ??? Coincidence?? Isn't it called " SHORTING", no strike that - NAKED SHORTING??
BIEL $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
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srinsocal

09/09/22 8:45 AM

#298506 RE: JNdouble1 #298497

I never said there was a Long Term Short of Millions of Shares

<<<<<<<< there is no evidence of any short interest in BIEL >>>>>>>>

BIEL releases a PR with good news of an FDA Clearance or a new OEM Partner.

Trading volume rises as investors want to own more shares.

The SP ticks up from a .0008 Ask to a .0009 Ask.

As the demand continues the MMs start selling Naked Short Shares at .0009 rather than allowing the Ask to rise to .001 where there are millions of shares available to meet the demand.

The seemingly endless supply of shares at .0009, it can literally be bottomless as these are phantom shares that do not exist, causes the positive Investor sentiments to fade and BIEL closes at .0009 . (how many times have we seen an Ask Size get hit with millions of shares in Buys yet not go down at all or go up)

After a couple of days BIEL drifts back to .0008 and the MMs cover their Naked Short with a 12.5% profit. They have zero expenses on this 12.5% gain as the shares for the Short were never bowered,

If the SEC gets a complaint and asks the MMs about that day's trading they say that they were, 'doing their job and creating Liquidity for BIEL'.

None of this Naked Shorting shows up on the twice a month Short Interest Report because it is all covered within several days or Rolled Over into a New Short if more time is needed to cover .