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Wednesday, December 05, 2012 6:03:16 PM
I don't remember what I was looking for, but I came across this link with Applied DNA Sciences mentioned in it...
https://collab.itc.virginia.edu/wiki/mii/Associates.html
There wasn't a whole lot of info, just names like...
Matt Robertson (Coach, Applied DNA Sciences)
at the bottom of the page was a reference to MII, which I found was the McIntire Investment Institute.
http://orgs.comm.virginia.edu/mii/website/index.html
The McIntire Investment Institute (MII) is an entirely student-run long-short equity fund with a portfolio currently valued at approximately $580,000. Founded in 1994 by an endowment established by John Griffin, the Institute operates as a nonprofit organization under the McIntire Foundation.
Investment Philosophy
The Institute strives to achieve real capital appreciation through a variant perception of the market. MII believes this variant perception is gained by focusing on the key drivers of value for our investment ideas and establishing credibility with our research through exhaustive VAR (value-added research). VAR involves contacting stakeholders (including customers, suppliers, competitors, company insiders, and experts) to better understand the business we are analyzing. In short, our strategy is to long companies with a sustainable competitive advantage and short companies with unsustainable business models.
(I translated the info to mean it is a bunch of probably pretty smart, rich kids playing stock market with over half a million of other people's money. (Basically rich kids in training to be richer adults.)
One of those kids is Robert Sampson...
https://collab.itc.virginia.edu/wiki/mii/Managers.html
Robert Sampson, Vice President (rds5av@virginia.edu)
Hometown: Stony Brook, NY
Year: 4th
Major(s)/Minor: Biology (Pre-Med)
Favorite Book(s): 1984, The Great Gatsby, The Lion, The Witch and the Wardrobe, Lord of the Flies, More Money Than God
Interests: Cello, Fencing, Immunology/Pathology Research, Start-ups, International Culture, Global Health, Weightlifting
MII Presentations: Baidu (short), Cadence Pharmaceuticals (long), EMC (long), Cal-Maine Foods (long), Applied DNA Sciences (long)
Rob did a presentation on going long with Applied DNA Sciences, and the group agreed and purchased over 15 thousand bucks worth of shares of APDN on Oct. 12th of this year.
https://collab.itc.virginia.edu/access/content/group/dff17973-f012-465d-9e73-a05fa4456644/Portfolio.pdf
Now ol' Rob just happens to be from Stonybrook, NY, his major is biology, and if either of those is a coincidence and not related to APDN in any way, shape, or form, I would eat my hat if I wore one.
![wink](/images/emoticon03.gif)
So my guess is Rob is a rich kid of a rich adult who knows someone else in Stonybrook who really does know what is going at our most nearest and dearest penny stock company - and as a result is long APDN.
IMO
![smile](/images/emoticon01.gif)
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