BIEL popped 54% today on 226+ Million shares traded. That is some very impressive money volume. We've seen similar money volume in OTCBB land. One stock in particular started off its run with similar volume - SPNG. We all know where that has ended up.
CEO letters and Press Releases might try and tell you one thing to get you to buy a stock, but money flow tells you something else. When you get $100's of thousands pounding the ask all day you can't question press, news, or anything else - just follow the money... plain and simple. If people are buying hop on the train. If they are selling stay away. It sounds pretty simple. In this case it is. Sometimes its not as easy to see. If the money keeps flowing BIEL's way than the price will continue to pop.
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