WE alerted BIEL in the middle of June at $.005 after we noticed some increase volume. The post is below. Since that time BIEL has mounted a furious rally and closed today at $.043. A $500 purchase at our alert would have netted you $4,000+ at today's close. Not bad for a few weeks worth of doing nothing.
BIEL has fed the investment community a steady diet of press releases. If you are positioned in BIEL at this stage the trend is up. IF you have yet to hop on board, you might not want to chase, as the party will end at some point. No sense getting in near the top.
BIEL still could have some very impressive upside left. Possibly the $.10 range. It will be fun to watch the next few sessions to see if the momentum continues.
Our BIEL alert post is below:
BIEL - BioElectronics Corp - Volume/Price Breakout
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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