On Friday Bioelectronics Corp. (PINK:BIEL) closed at $0.0117 gaining 7.34%. The volume reached 3.1 million which is below the average of 4.9 million and nowhere near the 13 million shares traded on Dec. 9.
It seems the interest in the stock is dropping after the surge last Thursday, which was probably triggered by a BIEL press release, which stated that BIEL had plans to introduce their new disposable device to the US market. However, some people may find it odd that BIEL chose their veterinary products…