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P.S. to the P.S.: While my investment banker, in our last meeting two days ago, said I am clearly an "aggressive" investor, he also said he agrees with the decisions and transactions I've been making.
Good luck, all law-abiding DNAG stockholders! And good luck to DNAPrint Genomics and its staff, as well!
P.S., I previously mentioned considering selling my XLK (technology tracking fund) to purchase more DNAG shares. That's exactly what I did. I saw a lot more upside potential in DNAG, than in XLK.
Exactly. If the "dissenter(s)" were correct in claiming that DNAPrint Genomics is a "scam company," the company must have managed to pull of what truly must be the greatest hoax in the history of mankind, and continue to pull it off (forging new partnerships with A-list companies and organizations, which are not stupid, or blind. And if these accusations had any merit, wouldn't they scare at least someone away? You'd think so, right?)
I'm happy to have 4 million DNAG shares, and I'd love to build on that position, when I can. Recent developments with DNAG are looking more and more promising... including the FDA stepping into this arena, encouraging ancestry testing / DNA personalized medicine, which is right down DNAPrint Genomics' alley. Go, DNAG! Your time has come, in my opinion!
Let's focus on the positive, and not let the nonstop ad hominem attacks (and conspiracy claims) sidetrack what is developing with DNAG.
"The company" this, "the company," that. I and other stockholders are not "the company," frog.
Nice; my resonse of 1 minute ago was deleted. I think your first sentence pretty much sums up the entirety of your message: "I didn't say it wasn't you, did I?" Not worth my time.
Then the word "scam" does not belong in the conversation.
That does sound like a good sign!
Where did you pull that out of?
Surely you know, that there's no loss until you sell. If you sell low, before the stock really takes off, you could lose your butt. But I think if you hold long enough, the chances are very good that the opposite would occur.
"Scam they are not yet," what kind of event could transpire to transform an earnest, honest company into a scam? A failure, perhaps, but a scam? I still think their chances of success are good, not guaranteed (as far as I know) but good. I don't think "scam" is even in the realm of possibility.
Oh, correction: my investment banker bought DNAG shares, so I have met one DNAG stockholder. (Though I became a stockholder just before he did.)
P.S., not only have I never met any DNAG insiders, to my knowledge, I've never even met another DNAG stockholder. Some "very close the company" conspirator I must be. LOL.
For the record, I only became aware of DNAPrint Genomics a few years ago, through my paleoanthropology and geneology interests. I was surprised to see how far they were ahead of all the competition, which was still pushing those extremely limited paternal-only and maternal-only ancestry tests, which yield no data whatsoever about the vast majority of ancestry. I was looking at the company's products only as a potential customer, then, and as an amateur researcher hopeful that AncestryByDNA would contribute greatly to the field. I didn't know about any of DNAPrint's other products or their pipeline, until I started looking into the company as an investment opportunity, earlier this year, and was flabbergasted how cheap the stock was, relative to its merits. I've never even met any of the DNAG insiders. I now have 4 million shares, and I wouldn't mind acquiring a lot more, but cash and a reasonably balanced portfolio are my limiting factors, there. (If those weren't factors, I'd buy all the stock I possibly could, at these prices! Even all of the float, if possible.)
OK, if anyone wants to try to "prove" that I'm some conspiratorial entity "close to" or "very close to" the company, I'm all ears. I enjoy a good laugh.
Not a chance. I'm holding for the long haul.
Today DNAG was upgraded to "BUY CONFIRMED" on AmericanBulls, despite the ongoing manipulation to drive the stock price down:
http://www.americanbulls.net/StockPage.asp?CompanyTicker=DNAG&MarketTicker=OTC&Typ=S
Nice upward trend forming.
I disagree with that theory.
Closer to the company? Why would these people manipulating the stock, to the detriment of the company and its shareholders, be "closer to the company"? That seems quite nonsensical. More likely some person(s) predating on the company and its stock.
It's interesting how consistently the tiniest transactions push the price per share DOWN. I don't recall ever seeing such tiny transactions EVER pushing it UP. For instance, in today's chart:
http://finance.google.com/finance?q=OTC:DNAG
At 12:08 PM today, a miniscule transaction of 250 shares pushed the price down from .0044 to .0042. But it's still up today, despite that.
How many such "coincidences" are required before it's not just a suspicion, but an obvious fact?
Someone posted this in another forum. (My apologies if this has already been seen here.) I think this is interesting, because when notice like this is taken, and a direction initiated, things can build up steam quickly! Especially when the government (FDA for instance) is involved.
--
From: cantxpln
14-Dec-07 07:41 am
Subject: FDA Recommends Testing
http://www.medicalnewstoday.com/articles/91586.php
Isn't this what Dnag is all about. The time is almost here for what they do. Hopefully they won't go bankrupt before they can capitalize on what should be the next wave of prescribing drugs safely and more effectively.
--
The biggest spike in activity on Wednesday was due to my limit order of 2 million shares at .0042, as I said. You can clearly see it in the charts. I did not make a market order, I'm not that stupid.
AmericanBulls has switched its rating of DNAG to "BUY-IF" (from SELL-IF) today. It appears their chart analysis isn't entirely fooled by the end-of-day stock price manipulation we saw.
http://www.americanbulls.net/StockPage.asp?CompanyTicker=DNAG&MarketTicker=OTC&Typ=S
I hope DNAG takes off, and I think it well deserves to.
Mousing over that chart, you can see one of the tiny manipulative transactions (incongruous and directional, like all the others, implying intent to drive the price down.) A mere 275 shares were traded at 11:10 AM, for a price of 0.0037, a significant drop from .004. But nothing compared to the end-of-day hammering. My point is, the tiny manipulative transactions haven't been dropped, but they've been supplemented now, by larger (potentially less directly inciminating) ones.
In my opinion, the reason that the manipulative trades aren't exclusively tiny ones, any more (i.e., 100 shares here, 150 shares there,) is because the manipulators have been increasingly called out, and they probably don't want to maximally incriminate themselves with the evidence trail they leave behind, should the SEC come-a-knocking.
Bottom line: Stock price artificially low, very very low. Very strong buy.
Without the suspicious end-of-day activity, the stock would have closed up 13.1% today.
The suspicious end-of-day activity can be clearly seen here (zoom in to 1-day view):
http://finance.google.com/finance?q=dnag
Looks like it was deliberately hammered down, from .0043 to .0037 . Stock price manipulation is, of course, illegal.
Notice the unreasonably cheap trade at end of an UP day. Someone wanted to keep the price per share down, yet again?
Regardless, I will keep buying; they can't scare me away, or get me to sell my shares cheap.
4 million now, and looking to buy more, when I can!
Yep, that's me!
Liz, I think you're right!
Thanks, Michiko!
Agreed!
Hmmm, do you have any conception of P.R., introducing the product to more people, familiarizing/training people with regard to the product, and taking small loss leaders (shrewdly using under-utilized equipment and skilled person-hours) to greatly increase sales? Don't forget the Beckman Coulter sales and marketing agreement. Or the DNA Direct sales channel. DNAPrint Genomics' public profile appears to be rising, in a positive way. What's your reaction to that?
My limit order for 2 million more shares has filled. My total is now 4,000,000.
DNAPRINT GENOMICS INC Financials
EDGAR Online Financials (Tue 9:04am)
http://finance.yahoo.com/q/is?s=dnag.ob
Combined with the news tidbits we've had, I think things are looking up for the company.
Thanks, PL.
Frog, I have many response options. Do you find yourself limited in your response options? But note, it appears that many things I took the time and effort to post here, have simply been deleted.
For the third time (maybe it won't be deleted this time):
Do you have anything positive you could say about DNAPrint Genomics? Any constructive tips you could give management?
Aside from the utilization of otherwise under-utilized equipment and skilled person-hours, the cash grants surprise me. Maybe their income streams are faring better than we thought, or this is a gamble (loss leader strategy involving cash, not just running tests,) and/or maybe funding is closer to being announced than we think. Just guesses.
Conspiracy theorizing can be entertaining, I suppose. But I think you're totally wrong.
Speaking of the huge potential market for DNAWitness, this establishment of a nonprofit foundation is an innovative move, in my opinion, that should help them break into it!
DNAPrint Genomics Establishes Non-Profit Foundation to Help Police Solve Cases Involving DNA Evidence
Foundation to Award Grants to Law Enforcement Agencies to Employ Cutting-Edge DNA Technology
December 11, 2007: 07:30 AM EST
http://money.cnn.com/news/newsfeeds/articles/marketwire/0338153.htm
This sounds like a great way to boost P.R., and get more in law enforcement introduced to, and happy with, DNAWitness! Also raising the public profile of the company (increased awareness and P.R. boost.)
My reading suggests that the nonprofit foundation is a shrewd sort of loss leader, to generate more (for profit) sales. The more law enforcement hears about DNAWitness, and sees great results from it, the more DNAWitness will be in demand with law enforcement agencies. This kind of loss leader is especially shrewed, because it utilizes resources that are currently under-utilized at DNAPrint Genomics (equipment and skilled person-hours, for performing the tests.)
Good move, DNAPrint. Innovative and shrewd, I like it.
Management and other insiders own a lot of shares. And wasn't one of Frog's complaints that stock was continually granted as compensation, to management? If they have been receiving compensation in the form of shares, and have been holding all this time (not selling,) that's a very strong endorsement - a strong show of confidence in their own company.
Please document your claim that customers were "pretty much unimpressed" with AncestryByDNA. That is contrary to everything I've read, heard, and inferred, and contrary to my own feeling. I am very impressed with DNAPrint Genomics' AncestryByDNA and other products. They're literally on the leading edge, everyone else is "second best," at best.