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What a crock. They are going on the "word of the article." If they have no assets then why is the asset line on the financials a positive number? What about the DLA extension? The home DNA retail kits? The new Smoke Cloak $2399 product? If these "lawfirms" did a simple amount of research they would see the truth. But no it's easier to spam court documents and make a frivolous lawsuit.
You mean $2.75
All of them are vultures hoping for a quick buck.
More income for another year and we are down 20 cents? That doesn't make any sense.
This contract extension is a direct refutation of pump stoppers claim of a failed DLA contract. Annnnd it shows continued government confidence in the company. If any of that bs story was true I highly doubt the .gov would allow an ongoing extension.
I seem to remember a certain poster who we all have had a conversation with specifically state that their is absolutely no retail market for APDNs product. At $70 I think that's a pretty good price. First time I saw the 20 year claim though.
This has been quite a nice bounceback from the low of $2.75. Saw that we topped at $4.88 this morning and currently at $4.57.
A $2 gain in about as many days is a good indicator that those buying in or back in have the confidence of APDN going forward. However, I wish that the report only had an effect of dropping about 20 cents off us that we would have already made back and then some when we were in the $6 range.
Super nice. Easy to read. Gets to the point and validates all the info we know based on publicly available information.
BWAHAHAHA, that is the FIRST time anyone has ever said anything positive about the outstanding share count of APDN.
Almost 3 million shares today.
Added 200 @ $4.38 In all I have added 800 shares in the last week.
Free speech has to do with congress making laws that endorse or prohibit it. Spouting lies is just that, he should be held accountable!
The SEC has filed a lawsuit on this particular issue? Got a link?
Depends on how much the contract price moves.
When did APDN become optionable? I seem to remember as little as 2 months ago that it was not.
This would make sense in a manipulators situation. Scam article to move his short action, while at the same time buying super cheap long term out of the money calls at $5, and $7.50.
You can get some for next June for around 95 cents a contract on the $5 right now.
If any of that SA article had a shred of truth, we would not be back in the 4s so fast. Currently at $4.15 up 71 cents on the day.
Please publish the letter contents, I would like to work off of what you have and add my own thoughts. If he receives more than 1 complaint, the more likely they will investigate. Be sure to save an offline copy of that SA article.
Up .32 to $3.76.
The ONLY good thing to come of this is a correction that shook out the weak hands NOW instead of later. Hopefully our runups from here are a lot more immune to this kind of stuff.
Was reading about short attacks and found this article....well well well, look who it mentions as the culprit in that situation.
http://totalwealthresearch.com/2015/06/how-to-handle-a-short-attack-on-a-stock-you-own/
I hate this from 2 different ways. That this idiot even put this out, and that others fell for it and dropped the price.
The thing that smells all coordinate is that at about 1030 yesterday, the massive sell off started.
How does a bunch of different individual investors digest 55 pages of material and then sell of at the exact same time?
I added 600 shares yesterday at $5.5 $4.75 and $3.3. Really wish I would have waited till the end of the day at $2.75 before getting in but you never know with this kind of stuff.
If that article were true, we should NOT be up to $3.77/share this morning. The stock should keep dropping because of the allegations.
We are 27 minutes into the market open and 2 million shares traded but we are going up.
The guy (wont justify his name/persona) and is website is simply a shake down artist. If you go to his website you will see he pretty much just copies and pastes and changes a few choice words here and there. How is it ever stock he views has a 90%+ downside potential in the title? Barely any variation.
He mentioned the "failure" of the DLA contract, what failure? Where is the source, what is the citation? As others have mentioned, he has said nothing of cotton other than "other players". No mention of us marking 100 million pounds of it, or the LD contract.
I highly doubt the US .GOV would get into bed with a company they didnt investigate as they did with APDN and their 18 months of attempts to copy or break the technology. Considering they mark MISSILE parts.
My opinion is that the guy is simply a tree shaker and scammer. Scare people out of their shares so he and his cronies can get some on the cheap. Again as I state, we should NOT be up if this information were true.
I got a call back from that Sanji guy after trying to contact Debbie Bailey in investor relations and he was stating what most of us are stating. Smear campaign/hatchet/short attack attempt.
APDN is now optionable. It was not the last time I checked. Maybe they are driving the price down in order to get insanely cheap options for when it goes back up? Not that it is right.
If those dominate then why isn't Pima or LD cotton doing those other companies? Loomis and Brinks? The government?
Wow, digging through that SA hit piece I found this
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/10/29/24831403-1446096848748796-The-Pump-Stopper.jpg
Real professional there. This "man" has caused serious and unfounded damage to the stock.
I don't understand the hate. They sell a viable and growing product. Why a short attack? And if coordinated to do this isn't that illegal?
So you wrote the article AG?
I called and got voice mail.
Why are you here now only after the down turn telling us what we can already see. You have never posted to this part of the board before today.
I'm stuck in meetings all day. I can't send anything right now.
Doesn't make it right. I smell short attack. To many shares dropped in value at the same time for this sale to occur for it to be "normal" market forces.
You would think if this "news" was valid, more sites would be picking up on it. Nothing posted on the APDN Finviz page other than APDN being in the "top losers" chart.
I want to kick that author right in the jimmy.
That idiot should be held accountable for the vaporization of the value lost this morning.
I cant read the article as SA keeps trying to get me to register, but the venom spewing from it is atrocious. Talk about not being objective. Referencing stuff from the 90s even. Someone is upset, and I am pissed that I didnt get a buy order in fast enough at $4.70.
Yeah, the wording of that article make it smell bad on the surface. The .gov tried to break the DNA encryption and they couldn't do it. Someone is not happy and has resorted to smear tactics.
My Scottrade shows trading has been halted.
What is happening? Just hit $5.57 after a massive rush of sale orders came through. Nearly 200k shares sold off..wtf is going on?
I had another buy order that didnt trigger. Set 100@$6.7 and it didnt get it.
After Hours action has us at $7.46 with about 7,000 shares over 14 transactions. This puts us up 28 cents for the day. Both the bid and the ask are higher than todays closing prices of $7.18
Added another 100@$7.8
Added another 150$8.20
Total added 400 shares today.