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Do you want to make me whole? This company has had multiple reverse splits in the last few years. Im down $25k. I invested when I thought would be a great time when they were putting markers on Cotton and Cash in Transit and being able to secure authenticity of anything they wanted to incorporate with. I was dead wrong. This stock would need to hit $265 a share for me to break even. The current market cap is only $25 million with 8.09 million shares. The market cap on this would have to hit over 2.1 BILLION for me to break even.
Im saving for maximum tax loss harvesting.
Ive been riding this rotten corpse since 2011 and have yet to turn a profit. I dont trust it enough to average down.
Do you have unlimited money you like throwing away? I havent been in here for quite a while but I have all but given up on APDN from ever doing anything worthwhile. The latest info doesnt point out anything promising. $~300k revenue? Multiple millions in OPEX? This is never going to go anywhere.
You must be new to APDN.
Still wont matter for me and others who bough in long ago prior to the 2 reverse splits. We are screwed. Tax lost harvesting is all we can benefit from.
How long until $600+? Ive suffered through two reverse splits on this dog.
What the heck just happened? With the Dow down 10,000 points in the last month, we shouldnt be popping to $7, did something happen?
Oh never mind, I see we have some movement with the Virus.
Not for us Longs that have suffered 2 reverse splits.
Because it always goes lower
How long though until we drop below a dollar again and become in compliant. It will happen. It’s already happened. This stock has taught me that it can and always will go lower. Not happy.
I would have rather this run continue from $19
Wouldn’t a CEO like to cash out when the price would be much higher though?
Why wasn’t it put up at whatever it closed at yesterday? This smells funny. And fees like manipulation to keep the price down.
And that is what is weird. We just had an all time low of around $4.2 and then today we hit $19.69? On news of a successful TEST? None of us doubt the viability of the product and we knew that testing would be fine. But we have had successful tests before, and poof, nothing. This makes absolutely no sense for us that have been around forever. Those that recently jumped in in the $4-7 range are smiling big, but that is a severely lopsided minority with the rest of us old timers who are going to be forever underwater.
What the hell is going on? Past tests have never given us a jump of 165%
Free falling. This is pathetic. We are now less than .002 cents double split adjusted. Nothing in the pipeline, no hope. It's toast.
So, my 6.67 break even point is now $266.8?
This group isnt exactly young. Some of us have been here quite a few years.
Do you not remember that we already had a 60 to 1 split years ago?
Dont worry guys. I bought in on the dip round .34 so naturally it went lower after I bought in. I always choose the wrong time to get a few more shares.
Because after all the time and development the stock is hitting record lows.
This would look even more extraordinarily bad if it wasn't for that $1M from Theracann.
Ugh. Then I’d have to hit $66 / share at that.
Bleak indeed. Will be much harder to hit $1 from the .29 we are at now, than when even we were trading .512 for the longest time.
Edited my post, found my answer....sorry for double.
I have learned that with APDN, it can always go lower....this is disgusting.
What I don’t understand is that since this is known, what would make somebody say hey I should sell my shares at a massive loss because of this dilution
Why the sudden massive spike in volume and 5 cent increase in price this afternoon?
Why are we stuck at 51.x for so long?
".it will not take long time until the first one comes here with the post:"another useless PR without figures". "
Fine Ill be that guy. An agreement, but no $$$ attached.
MOUs and agreements are great, but we NEED more revenue to roll in in ADDITION to these.
Another agreement, no money attached.
Selling now would be a severe loss that would only benefit in tax lost harvesting.
Only if it gets my to my break even of $6.6/share
Why are we up so high though? No real news. A collaboration agreement isn’t money on the books. Last status call was business as usual.
Such a POS that it is up 34.18% today.
Really surprised with our volume today. Not even 100k traded so far after the same news we always see.
Or why it retraces so rapidly instead of being allowed to let fly.
That really doesnt explain the jump. APDN has no direct inward mentions or specific detail related to the signing. Its just a, yeah, we already do this, type of detail. Unless people are inappropriately associating it.
Why did we just spike to 74 cents just now?