Applied DNA Sciences Inc (APDN)

[dog turd cannon]

Whenever a company does a reverse split it is easy to see their intentions. In this case, it was obvious this was to get uplisted. Notice, the split was high enough to keep it above $4.00.

And, there is no reason to be uplisted since they can't meet the ongoing revenue requirements to stay on the NASDAQ for that long so it was obvious this was an attempt to get more money by selling shares.

It is a straight line because no one is applying downward pressure anymore and because all of retail hasn't started to let it bleed.

Please, for your own financial welfare, stop confusing a good technology with a good company. As long as the management likes making money selling shares... they will.

What would rather do? Make a million selling shares? Or risk making nothing by putting everything into a technology that may or may not be adopted?

I would recommend that any stock, unless it started on an exchange and fallen to the OTC, you DO NOT HOLD. Or ever believe in.