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I agree,but as long as there are flippers and day traders,that wont happen.
I had a dream this goes to .07.I know dreams don't always come true,but I'm banking on this one,and thats where my price is set:)
A high short interest isn't always bad.
"In fact, many contrarian investors use short interest as a tool to determine the direction of the market. The rationale is that if everyone is selling, then the stock is already at its low and can only move up. Thus, contrarians feel that a high short-interest ratio (which we will discuss below) is bullish - because eventually there will be significant upward pressure on the stock's price as short sellers cover their short positions (i.e. buy back the stocks they borrowed to return to the lender). (Learn more in Can Perpetual Contrarians Profit As Traders?)"
Read more: http://www.investopedia.com/articles/01/082201.asp#ixzz1vysvfb36
Wow!Sounds like the company update we've been waiting for.Good post:)
Nice try,but SLAM TECHNOLOGY LTD is now called DNA Studios:)
For anyone wanting cheap shares,lol.GO DNAD:}
"Revenues. The Company generated net revenues of $57,065.34 during the three months ending
March 31st, 2012 Management anticipates that future revenues will likely grow significantly. Due to the
Company’s business model and contracts agreed, both signed and verbal."
Thats more than all of 2011.Good growth IMO.DNAD:)
It's amazing how shareholders??? can go from 100% positive to very negative in a matter of hours.Anyway,this is interesting.......
http://www.lawcatalog.com/samples/BusSepTrans2.022.PDF
Thank you for the chart.Looking forward to penny land:)
4 and a half star rating out of 5 star's.Not bad:)DNAD
Hopefully a lot higher than the current price,lol.DNAD.
Check out post 15459.DNAD:)
I'm also still learning,lol.Form 10 needs to be filed before uplisting.
http://www.sec.gov/edgar.shtml
Thanks for the education.I don't know if you own shares or not,but I welcome you to the board and hope you stick around.GLTU.DNAD
Thanks for the clarification,but either way it seems to explain the lack of news.
Quote: "Non-reporting issuers are, at any time, permitted to continue to publish factual business information that is regularly released and intended for use by persons other than in their capacity as investors or potential investors.
Communications by issuers more than 30 days before filing a registration statement will be permitted so long as they do not reference a securities offering that is the subject of a registration statement.
However,be if you will a reporting company on the Pink Sheets, the quiet period would apply. If you are planning to uplist, you would be better off following the quiet period, since the SEC will look at the entire process that you have gone through when you do apply to uplist."
http://www.justanswer.com/business-law/6hxly-stock-shares-pink-filing-form-10-week-is.html
As far as being quite,if they filed their Form 10,
this might explain it.
http://www.justanswer.com/business-law/6hxly-stock-shares-pink-filing-form-10-week-is.html
Thank you gertiesguy.I welcome newbies to the board,but when they post old news as though its new,and create a so call radio interview thats embarrassing to say the least,a serious investor is going to look at that crap and move on.It needs to be kept real,simple as that.
Sorry to hear about your IRS's.I'm sure when DNAD exits their quite period,we're all going to be doing a whole lot better.Good luck to you,and you.re not boring either:)DNAD
I've been here buying since .015.How long have you been here?Maybe 2 or 3 weeks?I'm a true long,you're just here to flip.Go ahead and do your job.I've been flipping a few myself to get back some of the 2 grand I've got tied up in this.
Thank you.That was the first intelligent post I've seen here in a while.This board has become a joke,I'm sad to say:(DNAD:)
I agree micky.Maybe not today,but soon:)
"As noted in the November operational update, the Company is hoping to have the S-1 filed with the SEC in the current quarter. If that plan changes, then management will issue an update."
I'll bet money on that update.
Management knows very well what is going on.It boils down to greedy scumbag crooks.I really thought dnad would be better than that,but I was wrong again.investing in pink sheet company = loosing your money to crooks.
When DNAD started with O/S of only 7 or 8 million shares,that was nice.But anyone who expected the o/s to stay any where near that low is a fool.With the progress,they have made so far,the o/s is still low.A lot of companies,like some of the one's a certain poster pumps,are over the billion share mark,and still have nothing to offer.If the o/s of DNAD seems big,than go bash some companies with a billion plus shares.Oh yeah,I forgot.Those are the one's being pumped.GO DNAD
Very good post:)
I think sometime in the near future,we're going to get some very "interesting" news,and I'm looking forward to it:)
The game is being distributed by Glu.
Good for you stocktrotter.I'm still at .0058,wasn't able to grab any last week.If I had as many share's as you,I would be a happy camper,lol.I plan on buying as many as I'm able to.Good luck on your future buys:)DNAD
Bid=AUTO,105,000 sh,Ask=BMAS,5000 sh.
Nice buy on the ask.Wish it was mine:)DNAD
Buy volume 4,873,324
Sell volume 396,715.Nice.DNAD:)
Company can only buy at the bid.
Stocktrotter,that Snopes page is from April,2010.Is the virus still going around?Man,that could mess up a good day,lol.
Thank you.I bet yours gets filled by the end of the day.I'm buying small amounts every chance I get,because I'm sure these .003's,or .004's won't be around much longer.GLTY.DNAD
I got 66,800 shares at .003,only took a couple minutes to fill.Got my avg. down to .0058.Hope these three's are still around next week,I like buying em:)DNAD
Filled Buy 66800 DNAD Limit 0.003 -- -- 09:53:33 01/06/12
Might be this site,which you have to subscribe to.
http://www.nasdaqtrader.com/Trader.aspx?id=MPVolume
The bid for those 1,600,000 share's was up all day.Whatever the price,someone wanted to buy a lot of share's.The company can only buy on the bid,and with the o/s going down,smells like company buyback to me:)Go DNAD:)
That's what I figured,although that would be a great price for company buyback,lol.