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Mike Havrilla » Comments » ALKS

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    BIEL stated in 6/19/09 PR they have about 720 million shares of stock outstanding, but stock price has still increased by over 700% in past month:
    www.google.com/finance...

    Stock Valuation -- There are currently approximately 720 million outstanding shares, which represent a total market capitalization of approximately $7.2 million.

    finance.yahoo.com/news...



    On Jul 27 10:30 PM Dan Weiss wrote:

    > I would advise extreme caution on BIEL. In the first quarter of 2009
    > alone (January-March) the company nearly doubled its shares outstanding
    > from 266.9 million to 492.2 million with sales at 0.005 per share
    > and I would not be shocked if significant additional shares were
    > issued since then.
    Jul 28 09:13 am |Rating: 0 0 |Link to Comment
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