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Applied DNA Sciences SigNature(R) DNA Has Helped Jail 88 Cash in Transit Robbers
http://finance.yahoo.com/news/applied-dna-sciences-signature-r-123310725.html
Let me clarify something here. Several have indicated that the website is not secure. This is true, however, the submission form IS secure. There are several ways to transmit information securely over the internet:
1) Secure the entire website with SSL encryption, which adds the https:// in from of the URL
2) Use SSL encryption to secure a JavaScript form on an unsecure website
FRTD used the second method to secure their submission form. Here is part of the website source code for the form:
<script type="text/javascript" src="https://b6.caspio.com/scripts/e1.js"></script>
<script type="text/javascript">try{f_cbload("47eb200097a61bcba71348649eb8","https:");}catch(v_e){;}</script>
Notice the https:// in the source code for the submission form? The form is submitted through "https://b6.caspio.com/scripts/e1.js" which uses SSL encryption.
Sorry for all the techie crap here, but hope this helps to calm some nerves about the "unsecure" website.
They said they would only call if there is a problem or they need additional information. This is a direct quote from the confirmation email that I received:
"Thank you for submitting your Fortitude Group, Inc. shareholder request. We will be cross referencing your submission against our NOBO and shareholders list. In the event there are questions that my arise, one of our staff members will contact you. If you do not hear from one of our staff members then you submission was processed according to your submission.
If you have any additional questions, please do not hesitate to contact us a either info@g3corp.net or call us toll free at 888-531-4931."
If one places a sell order, their shares are locked in so they will be available to sell at the set Ask price. Since short sellers borrow shares (whereas Longs buy/own shares), setting a high sell order takes those shares out of inventory (available shares) from which shorters borrow. The theory is that if enough Long investors lock up their shares by setting high sell orders, the number a shares that can be borrowed by short sellers will be reduced. Many believe that this can lead to a short squeeze or, in very rare cases in heavily shorted stock, can cause brokers to demand a Call Away, which forces short sellers to immediately cover their short position regardless of the current share price. However, this rarely causes any significant impact on short selling because there are generally so many available shares to borrow. It takes a consorted effort on the part of the majority of share holders to make a real difference.
I'm still here and interested (albeit frustrated). I'm just out of town and don't have a way to capture and upload Level 2. I'll be back tomorrow though. GLTA!
FRTD share buy back is a pipe dream, huh? Any more wisdom you wish to share with us?
Interesting. Looks like TEJS has the pps boxed. For the past 1.5 hours, L2 has shown they have a BID of 5K shares @ .134 and an ASK of 5K shares @ .1349. Since then, approx. 250K shares have been bought @ .1349 but it still shows 5K shares on their ASK. I'm not claiming nefarious intent; just something I find interesting and wish I could explain.