Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree.
I'm looking to buy more, too. Currently at 2 million, even. But I don't think Dutchess is the only reason for the stock price declines. There are glaring signs of illegal stock price manipulation coming from other quarters. Very diligent activities, I might add.
Efficient bashing going on for years, plus tight credit market.
Sam,
Excellent info. Thanks! I hope the backlog is cleared ASAP!
P.S., there is a HUGE potential market for DNAWitness. There are astronomical numbers of untested rape kits! Evidence that hasn't been tested!
http://www.google.com/search?hl=en&q=untested+rape+kits
http://news.google.com/news?hl=en&q=untested+rape+kits&um=1&ie=UTF-8&sa=N&tab=wn
P.S., DNAPrint Genomics has new revenue streams. DNA Direct and Beckman Coulter. Are you plugging your ears with your fingers?
Oh, to answer my own question, in the past, people have also profited by bashing while shorting the stock. But the short interest is now miniscule.
Of course the bashers own the stock! (Bashing and hoarding, some people combine it with trading on the manipulated stock prices.) Else how would they profit from the bashing? Stock price manipulation is illegal.
Also, DNAPrint Genomics is advancing science so radically, that it is seriously challenging social taboos:
http://www.google.com/search?hl=en&um=1&q=inconvenient+science+dnaprint&sa=N&tab=nw
DNAPrint Genomics' technology is HOT, in my opinion. They richly deserve to reap the rewards of their years of hard, cutting edge work.
News, for those who are new, or may have missed it! (And to bring the news back into focus, after it was buried by all the non-stop bashing!)
DNAPrint(R) Genomics and Beckman Coulter Sign Sales and Marketing Agreement for DNAWitness(TM) and AncestryByDNA(TM)
DNAWitness(TM) Kits Along With SNPStream(R) Genotyping Systems Offered to the Forensics Community
November 15, 2007: 07:30 AM EST
http://money.cnn.com/news/newsfeeds/articles/marketwire/0328816.htm
More on the DNAPrint Genomics - Beckman Coulter partnership here:
http://www.google.com/search?hl=en&q=dnaprint+beckman+coulter
Also, DNA Direct recently started offering DNAPrint Genomics' AncestryByDNA products, helping to bring these superior products into the mainstream market:
http://www.google.com/search?hl=en&q=dnaprint+%22dna+direct%22&sa=N&tab=nw
Pharma spinoff planned (pending funding for this, with the credit market having been so tight recently, but poised to loosen up, this could happen soon) :
http://www.google.com/search?hl=en&q=dnaprint+pharma+spinoff
DNAPrint Genomics technology (DNAWitness) already proving invaluable, in catching serial killers:
http://www.google.com/search?hl=en&q=dnaprint+serial+killer
DNAPrint Genomics is one of the few pioneers in the emerging field of DNA Personalized Medicine:
http://www.google.com/search?hl=en&q=dnaprint+personalized+medicine
Latest news on DNAPrint Genomics, sorted by date, courtesy of Google News:
http://news.google.com/news?hl=en&um=1&tab=wn&q=dnaprint+genomics&ie=UTF-8&scoring=n
Lots more info about the company available here:
http://www.dnaprint.com/welcome/home/
http://www.dnaprint.com/welcome/corporate/
http://www.dnaprint.com/welcome/science/
http://www.dnaprint.com/welcome/productsandservices/index2.php
http://www.dnaprint.com/welcome/investorrelations/
http://www.dnaprint.com/welcome/subsidiaries/
http://www.dnaprint.com/welcome/press/
http://www.dnaprint.com/welcome/pipeline/
With illegal predatory bashing (illegal stock-price-manipulating) behavior now being reigned in, DNAPrint Genomics, and its investors, should have a much fairer chance! This stock has been unjustly beaten down into the mud, by years of nonstop illegal bashing, in multiple forums that should have been used only for legitimate communication about this company and its stock.
In my opinion, this bashing, along with related funding issues, have worn extremely heavily on the stock. With those factors removed, hopefully quite soon, this company can achieve the success it deserves, as can its law-abiding investors.
Steinburger,
Well said; I agree.
Correction: Hoarding bashers do want the company they're bashing to succeed, but only after a near-death plunge that has allowed them to gorge on as many shares as they possibly can. Illegal.
> As we see, they have continued to do top notch, cutting edge work, for all these years. It looks like it's about to pay off. Finally. But the bashers don't want that, not one bit.
Based on everything I've read, including the nonstop bashing, DNAPrint Genomics is a legitimate company that has not committed any malfeasance. Stock price declining in the face of bashing, delays tied to financing issues, etc., is not an action that the company is responsible for. As we see, they have continued to do top notch, cutting edge work, for all these years. It looks like it's about to pay off. Finally. But the bashers don't want that, not one bit.
Making headlines, catching serial killers. How many companies do we know of, that have made headlines for helping solve otherwise dead-end serial killer cases? DNAPrint Genomics is the only such company I'm aware of. They've got a lot going for them, in multiple areas. Let's see how well sales, with Beckman Coulter and DNA Direct, go, for starters. I hope a lot more killers are caught, through DNAPrint Genomics' technology!
LOL.
What, was that the ritual bash of the evening?
Frog,
You said "Nothing 'has' happened for years." How is it possible that you've missed everything?
You said "Those products went on the market four years ago. If they were leading edge then, they aren't now." You're saying their products are stale and have been surpassed by competitors. That is simply untrue. Their AncestryByDNA products, for instance, have been expanded/updated/improved. New versions have come out, even relatively recently. Still nothing can touch their products; where is a superior product? Point to one, just one. Their forensic product (DNAWitness) has been making headlines. Stale and second rate? HARDLY.
I bought shares at .004 today with a limit order. Patience is par for the course. My order was filled in two pieces, within about 30 minutes of each other. I don't think there's any massive conspiracy dictating who gets what prices. Though some big banks do act as dealers (probably not with penny stocks, though,) and trading on different exchanges can get you slightly different prices. The stock market isn't an entirely level playing field, but that's a whole 'nother story.
Good point. Let's see if any of the bahsers (or basher aliases, anyway,) go away.
Oh, I don't know, I think they have plenty to be proud of, already. I know I'd be proud to have my products entering the mainstream, marketed and sold by Beckman Coulter along with Beckman Coulter's equipment (essentially as a package to help sell their equipment, that's really saying something!) And DNA Direct, that also brings them into the ancestry testing mainstream; they are considerably above the competition in ancestry testing, and it's starting to get noticed. The best is yet to come, and the planned pharma spinoff could also be extremely lucrative. That's my interpretation of the publicly available information.
Please, don't panic, folks. That's what the bashers want you to do.
I don't know, that is interesting. I noticed there was an upward trend in the price per share today. A tug of war between the bulls and the bears, so to speak, with a net increase today (bulls ahead for the day.) Good.
You make it sound like they've been doing nothing but sitting in a room twiddling their thumbs, and sending out lying communiques. How on earth did they develop their products, then? Such as, their _leading_edge_ forensics and ancestry products that are to be marketed and sold by Beckman Coulter and through DNA Direct, and their drug pipeline, etc? A company doesn't develop leading edge products by just sitting on their thumbs, with "no progress on any front," and big guns like Beckman Coulter don't market & sell their products if they aren't worthy. I call "reality check!"
Preciouslife,
Thanks, I find that to be encouraging. I'm also glad they aren't wasting their time reading the messages here. Nobody should have to suffer through that.
Maybe you're expecting too much; is Dr. Frudakis a psychologist?
In my opinion, there are three main reasons for the recent prices per share, none of them really valid reasons:
1. A delay in acquiring the new funding they've been seeking (with the credit markets having been so tight, and poised to loosen up, this is perfectly understandable.) People are waiting on news. Also, biotech ventures can stretch the limits of human patience, and DNAG is certainly no exception. Those who lose patience tend to sell, letting others buy cheaper shares (as I'm continuing to do.)
2. Bashers have been preying on this stock for years, in various forums, and poor attitudes exist, resulting from previous declines in price per share. With a stock that's become this cheap, you always have some bitter people who bought earlier, at higher prices. Unfortunately some stock price manipulators (bashers that want the cheapest possible prices for themselves, and other sorts of schemers,) also seem to be drawn to such stocks, like moths to the flame.
3. Around a month ago there was a short-lived rally, following some positive news that came out in the days and weeks prior, including the DNA Direct sales and marketing arrangement. The rally got people excited, but was summarily squashed by some wet blanket(s) who sold millions of shares into the rally with no price limit. Poof. Lasting bitterness. Good for buyers, though.
I think the chances are greater than 50%, that DNAPrint Genomics will become profitable, and my investment will pay off in a major way, despite these factors, and despite certain people who appear to do everything in their power to poison the waters.
Playing the penny stock trading strategy that I am with DNAG, even if DNAG doesn't pay off, all I have to do is keep up this strategy, and it should pay off. 1 or 2 additional stocks that also have 50%+ odds, and my odds get pretty good. With such high potential rewards, just 1 stock like this succeeding, can make it all more than worth it. The gains can be astronomical. That, unfortunately, is one thing that attracts bashers, who want to send the stock into a near-death plunge, so they can afford to buy the largest position in the company that they can. I hope such people all get caught and punished, by the SEC, and also pursued in civil courts.
Michiko, please update my number of shares to an even 2 million.
What negative news are you talking about? Or is that just the same old, empty rhetoric?
That's not how it happened; review earlier posts both here, and in the Yahoo DNAG forum, where I and others also posted. Postive news had been coming out in the weeks and days before that short-lived rally. Some here claimed the rally was on "no news" but that was false.
I'm thinking of selling my XLK (technology tracking fund) so I can buy more of this gem. I already have a full position, but at these prices, it's very hard to resist! If some people are indeed illegally manipulating stock price, shame on them, but there's no harm, no foul, in me buying the cheap shares. I'm certainly not trying to drive the price per share down, so no chance I can be prosecuted for stock manipulation! (Thank goodness!)
As I pointed out multiple times, there was positive news leading up to the last short-lived run. I think that positive news was generating increased interest (demand for the shares.) The positive news hasn't just disappeared; we still have the DNA Direct deal, etc.
OK. Here it is again (with text instead of link) :
Oh sorry, he says he's selling 100,000 shares, not 1 million. Here's the text of his message:
--
From: jo55bot
5-Dec-07 09:43 am
i have had this stock for years and after the split reverse that is. i ended up with 100000 shres
i have had it and will unload it all. so far can only uload 10000 shares .
lousey management
--
No reason to panic, this kind of thing is to be expected, especially with the limits of human patience being tested, MM games causing panic and frustration, people over-reacting and causing further panic and frustration, etc. I'm holding tight. DNAG is looking like a better and better buy, in my opinion. Developments like DNA Direct, Beckman Coulter, and the prospect of their refinancing, spinoff, listing on Euronext, etc., going through, are also encouraging. But even if none of that went through, I still think DNAG would be viable, with their growing income streams. My opinion only, of course; there is obviously risk in such ventures.
Sorry, he said he's got 100,000 shares, and has sold some. Not that he's selling 1 million. I posted this correction some minutes ago, with a link to his message, but my post appears to have been deleted? What's going on?
Someone over on the Yahoo DNAG discussion board is in a frustrated panic, and says he's selling 1 million shares. I think that one person is causing a lot of this recent dip in share price. Time to back up the truck. Buy low, sell high.
Me, neither. Holding tight!
Preciouslife,
Thank you for your reply. I've taken your comments and suggestions to heart. I too want to see this board continue to improve. Regarding the multiple ID's, I will watch and record postings that seem suspiciously like they fit that kind of pattern. Tedious, but worth it, I think.
Thanks again.
A related question: Is transparent, nonstop malice against DNAG welcome here? I notice some like to play the victim card. Further advancing their conspiracy theories.
Question: Are paranoid delusions and conspiracy theories that villify the company and its stockholders, allowed and on topic here? I'd have no problem with any claim that could be backed up by evidence, in a no-nonsense way. But it seems that such claims have been allowed to fly here, for a long time, and are mysteriously echoed by other login ID's. As if there was one personality that had imprinted itself onto multiple login ID's. (Not as likely as one person using multiple login ID's, of course.) I would like to point something out: There is nothing preventing one person, with any sort of agenda against the company, exploitation scheme, or personality disorder, from posting here. I do suspect that one person has done a lot of damage, posting from multiple login ID's, or else a set of paranoid ideas has somehow spread (perhaps as a result of constant repetition from certain individuals.) I hope this isn't deleted, because I think it is directly on topic, and factual. There are no safeguards here against such abuses.
I disagree with that post.
Is that an achievement?
Preciouslife,
What troubles me is, having and enforcing this set of rules creates some gaping loopholes, that are laughably easily exploitable, especially by any basher who wishes to set up multiple accounts, and thereby create the illusion that others are in agreement with him/her. It seems the playing field is not level, but tilted against DNAG, here, just by the nature of the rules that are being enforced. There are people in this world who take advantage, let's just leave it at that. The rules should be updated to close those gaping loopholes. Just my opinion, of course, but I would love to see DNAG have a fairer chance.
Brian,
I agree. Before the spikeup, there was a gradual but stable increase in price per share, then a noticeable spike, followed by a much larger spike, which was then squashed like a bug, by one or more people selling millions of shares into the rally, with no price limit. The spikes may have been caused by new interested parties buying in, without using limit orders. My investment banker explained the mechanics of that to me. In my view, there has been no bad news to discourage the interest that was causing that gradual increase in share price, in fact more good news has come out. But this crash-and-burn in share price has a lot of people upset, I think you're right about that. I don't let it bother me, and I think others shouldn't, either. (Though buying into the spike, only to be left with the more expensive shares shortly thereafter, would be understandably disconcerting. A painful error to learn by, I suppose.) I'm just holding my shares "no matter what," and I'll continue to buy more (to top off my position as my portfolio grows) as long as there is no adverse news strong enough to dissuade me.
> Most respectfully, I think the spikeup and swift retracement has everyone upset.I save these post's by the hundred and have many showing the possibilities here. I don't say it's going up, or to buy it, but I still like it.