Replies to post #13535 on Bioelectronics Corp (BIEL)

[stckdytrdr]

just to be clear...i do not think that $1/share is a proper valuation of the company....I am simply speaking IMO what I believe the stock would do in the scenerio that I laid out (good Q4 and Q1numbers, Rx clearance, followed by OTC clearance)....fact is, in pennyland, traders like FDA approvals, they like good news. I have no doubt in my mind that traders and newbies would chase this thing up to $1 if OTC clearance were announced....obviously, even at a P/E of 15, they would need 100m in sales to be valued at $1.....so again...all IMHO...you do know this is just a message board and not a prospectus...right?

[Snevey]

Isn't there only 1.5 billion shares authorized? Or is there something different in a recent filing? That would put a $1 pps at a $1.5 billion dollar company. A little steep, but we don't know how the worlds richest economy will welcome BIEL's products since the d@mn FDA won't approve this!