Applied DNA Sciences Inc (APDN)

[Monksdream]

10-day hourly bar/volume for APDN
lower low, no intra day bounce

[Monksdream]

10-day hourly bar/volume for APDN
lower low, no bounce today, and so it goes

[Monksdream]

10-day hourly bar/volume for APDN
lower lows followed by one bounce

[Sun Dance Kid]

Added today! Contracts coming!

[Monksdream]

10-day hourly bar/volume for APDN
the inflation report took its toll

[Monksdream]

10-day hourly bar/volume for APDN
higher low is encouraging

[Monksdream]

10-day hourly bar/volume for APDN
one bounce from a session low is better than none

[MightyX]

Grabbed some $2’s

[Monksdream]

10-day hourly bar/volume for APDN
seems the price refuses to go much below $2.60

[Monksdream]

10-day hourly bar/volume for APDN
no follow through from the news about the approval

[MightyX]

Could nestle at $12-$15 with already improved financials..perfect storm for new significant revenues and ability to pivot twice with speedy turnaround.

[BenK]

Hope you're right- seems like there's a lot of downward pressure on the SP now, maybe shorts trying to cover, who knows. Time will tell-

[MightyX]

I was anticipating CUNY update in approved testing status update. Perhaps it’s much bigger and merits it’s own headline.

[BenK]

What are you anticipating regarding CUNY that wasn't already included in the Aug. 9th release?

https://adnas.com/cuny-extension-aug-2022/

[MightyX]

No mention of CUNY yet…that could be the humdinger.

[Monksdream]

Will Hyrecar (HYRE) which got up off the mat this morning continue on its merry way to $2

[Monksdream]

10-day hourly bar/volume for APDN
Lot of volume, but the news failed to produce a hysterical run up

[HANUMAN]

In addition, we are moving to bring our new testing capability to the attention of institutions that maintain congregate living settings that we believe could be high-risk environments for the spread of contact-based monkeypox.

Get it out to those nursing homes. You never know what goes on in those facilities!

[BenK]

https://ih.advfn.com/stock-market/NASDAQ/applied-dna-sciences-APDN/stock-news/88994840/applied-dna-launches-monkeypox-testing-service

[MightyX]

Nice find!..This show on search as“13 hours ago” https://adnas.com/monkeypox-testing/
Surprised there hasn’t been company statements on approval.

[Sun Dance Kid]

https://www.wadsworth.org/regulatory/clep/approved-ldt




Applied DNA Clinical Labs, LLC

Project ID: 95060 · Facility ID: 9546
Facility Name: Applied DNA Clinical Labs, LLC
Facility State: NY
Analyte: Monkeypox virus detection
Analyte Synonym(s): MPXV
Method: real-time PCR
Specimen Type: lesions: swab in VTM
Permit Category: Virology
Status: Approved

[Monksdream]

More news from ABC about the decline in monkeypox cases
https://www.yahoo.com/gma/monkeypox-cases-decline-york-city-211618882.html

[J.Lummouxx]

Cases in the states and worldwide are dropping and dropping fast. Looks like apdn is late to the party…again

[Monksdream]

10-day hourly bar/volume for APDN
declining volume

New cases continue to decline according to the WHO official
https://news.yahoo.com/declining-monkeypox-cases-prove-outbreak-192629135.html

[BenK]

"One death. There are more people murdered by gunshot in the city of Chicago each day. More people die from auto accidents each day. More people die each day from overdoses of fentanyl, other opioids, as well as good old heroin.
Which is the greater health concern?"

Your analogy only works up to a point. If a victim of a shooting in Chicago produced germs that might spread all over and cause other people to be shot; or every person who OD'd created germs that make others also OD, you'd be right.

But in those cases, each situation, tragic as it may be, is isolated. This is not true in the case of monkeypox. As health authorities have declared, there is a concern that infections could spread more widely, crossing into the general population, and they have declared it an emergency.

Are they overreacting? Maybe, because nobody wants to be blamed for underreacting. Either way, APDN is part of the response, and the worst-case scenario of broad infection can be averted.

[Monksdream]

10-day hourly bar/volume for APDN
Interest in monkeypox stocks is fading. Reportage about one death, which was later revised since the patient already had health complications.
One death. There are more people murdered by gunshot in the city of Chicago each day. More people die from auto accidents each day. More people die each day from overdoses of fentanyl, other opioids, as well as good old heroin.
Which is the greater health concern?

[Monksdream]

10-day hourly bar/volume for APDN
First up day in the past 10 sessions

[J.Lummouxx]

Sorry Kid, taking loans out to make bets usually means you have no winnings to play with, best of luck to you.

[Sun Dance Kid]

Care to make a gentleman's wager? I am a betting man myself.

[Sun Dance Kid]

https://www.nasdaq.com/articles/applied-dna-sciences-apdn-reports-q3-loss-tops-revenue-estimates

The article tells we will outperform market. Hmm

[Sun Dance Kid]

Picked up another 1200 at 2,53 what are the shorts thinking. I took out a 25k loan to keep buying as these fools keep selling. Last week's shares may be a push. This week's shares will make bank. Or next week's or the week after. I will take another loan if I use up this one. Shorts are going to loose even if they have been having fun they are getting in way over their heads. Everything they have been happy to make for weeks will be lost in 10 minutes.

[Monksdream]

10-day hourly bar/volume for APDN
More of the same
Latest monkeypox news
https://www.msn.com/en-us/health/medical/officials-look-to-next-steps-of-monkeypox-outbreak/ar-AA11gPNj?ocid=msedgntp&cvid=630e4ce5d0994c5dbe02f5e433e1abac

[Sun Dance Kid]

She is tightening up. I grabbed 700 2,65's. Time to cover boys. Thanks for the shorts.

[MightyX]

First monkeypox death in Texas..huge state..let’s get testing!

[Sun Dance Kid]

Low volume pushing down. A bit of covering and repeat. Typical! Approved then high volume boom!!!

[Sun Dance Kid]

I notice you had no interest here untill they submitted for approval. Why now the sudden interest and serious attention? Very curious!

[BenK]

I looked around a little, and it does appear that there is cautious optimism that the outbreak is slowing down. For instance, the following:

https://www.webmd.com/a-to-z-guides/news/20220829/us-monkeypox-outbreak-may-be-slowing

But the reason is not that the virus itself is dying out; it's because of more robust medical intervention, mainly in the form of vaccines and educational efforts to modify behaviors within more vulnerable populations.

This means, IMO, that health resources will be sure to seize on any tool that emerges to continue this trend. An effective PCR will definitely find an eager market. All IMO.

[BenK]

"The monkeypox outbreak is showing signs of slowing in the big US cities, thus the waning interest for monkeypox stocks"

It's hard to know for sure if the actual data shows that the outbreak is slowing down. The media hype shifted when the FBI raided Mar-a-Lago, so we've been hearing less about the previous hype-de-jour, monkeypox.

We'll have to see what unfolds here. All JMO, of course.

[carusso]

Nice. Thanks for sharing that.

[J.Lummouxx]

The shares you own at half price will be half price soon enough

[Monksdream]

I look at it this way. When the Covid pandemic became a pandemic and there was a mad scramble to produce a vaccine, the two winners turned out to be Pfizer and Moderna. There were lots of wannabes at the beginning. None were actually capable of producing a vaccine but the PRs they put out sure made it seem that way.
In the aftermath, the wannabes have lost anywhere from 50 to 95 percent of market value.
I think this is the situation with Applied DNA.

[J.Lummouxx]

So you agree with me?

[Monksdream]

Doubt that. The monkeypox outbreak is showing signs of slowing in the big US cities, thus the waning interest for monkeypox stocks

[J.Lummouxx]

Where will the chart be charting in 10 days? Under a buck? Thrill is always gone with this stock

[Monksdream]

10-day hourly bar/volume for APDN
dropped below $3, rallied above $3, then back under $3
lower highs and lower lows

[Sun Dance Kid]

You like to speak of "on low volume" think about what the majority of shares are owned at. I own mine at half that price. I will continue to buy at low volume deals of a life time. The only thing that could f me is not getting approved. I am confident we will certainly get approved. If you have enough powder well all of the shares I own now may be a push. All of the shares I buy next week will make me money. We will get approved and then the chase is on. My only issue is if I sell before the top. I do that way to often. Shame on me.

[Monksdream]

10-day hourly bar/volume for APDN
close the most recent low in the past 10 session as well as a trend of lower highs and lower lows

[MightyX]

No doubt, gonna be crazy wild imo

[Sun Dance Kid]

Picked up 530 more shares today . Up to 1730 shares. Come on approval. This will move fast.

[MightyX]

Grabbed some $3.27