Apr 17

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BioElectronics Corp (Analysis Requested)

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BioElectronics Corp. (OTC:BIEL)

BioElectronics is changing the way people heal around the world. With our expanding international presence, we are touching the lives of individuals suffering from pain and edema in over 40 countries worldwide. Our vision is to provide our highly effective and safe technological solution so people can live their lives pain-free. (Source:OTCmarkets.com)

The SS for BIEL is way to high for it’s current price.


Shares Outstanding 1,963,281,871 a/o Dec 31, 2011
Float 1,882,095,249 a/o Dec 31, 2011
Authorized Shares 2,500,000,000 a/o Dec 31, 2011


An SS like this usually trades between .0002-.0015. At the moment we believe BIEL is way over valued because of this.


On the chart there is some RSI negative divergence on the 5 minute, this is a sell signal. We currently do not recommend taking a position in BIEL.

For questions in regards to this article, 
Please post in the comments section below or contact Roy Jimenez
By email: roy@wallstreetdiscussions.com
By phone: 732 851 1120
*Please note: The above number only sends a text message to us with the number you are calling from. In most cases you will receive a call back within a 24 hour period.

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