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Thanks. What next? Now that they have their shares converted.
Do you see an upswing??
This clearly shows that the price was held down for Crede to benefit by getting their shares converted at a lower price.
With this conversion done, hopefully the pps will now start to rise. Get a feeling that this was all planned.
The announcing of results two days in advance, the conversion of Crede's preferred shares and the conference call to set the ball rolling.
I hope we now see a steady increase in the pps. What do you think??
Hi McS,
Very sorry man!! When I see the kind of carnage that goes on I can't keep my cool man. What an awful day today but then you see some posts like the ones sent by Cat just a while ago and you begin to feel better.
I only hate that this stock has come all the way down to .13. Never expected this. Thought it would positively stay in the lower .20s at least but that was not to be.
Got to get back into my positive frame of mind.
Hi Cat.
Very encouraging. I guess we just need to be patient.
Let us see what happens on tomorrow's call
Having announced the results already, the call has lost it's charm as the Dr will, as you rightly said, just read out a prepared script giving us info which we already have.
The last call was similarly useless.
Very good and valid points McS. Hope we get some answers tomorrow though I doubt it very much.
Today's drop was disappointing but somehow this board with all its positive mood gives me hope.
Good Luck.
The counterfeit market they are addressing runs into trillions of dollars as they keep saying.
What is not very clear as yet is the revenue model for APDN. How do they charge for their services or products. Do they make money for every part that they mark?. How is their income linked to volume?. Are they selling some hardware along with their DNA mark?
Apart from this APDN has to start talking about revenue from other industry segments like Textiles, Copper, Cash in Transit, Jewelry stores, etc. They are harping on this DLA contract for too long. While this is a good start and a good validation of the technology, they need to be able show acceptance from other markets. It has been more than 5 years now since they first talked about this technology.
Thanks AG. Appreciate your concern and your reassuring words. It is thru inputs like these that I keep my sanity intact and not take a desperate step.
I too agree that this will come back to the .20s at least.
Cheers!! and good luck.
As much as I think of staying away from the board, I cannot avoid the temptation to come back and see if hints have changed or if some sensational news has hit the media.
Very sad and confusing situation. Not sure when and where his will end.
The downward trend is frustrating and absolutely irrational.
I am also not able to figure out why they announced the results on a Tue, 2 days before the proposed conference call.
Does anyone have a clue to what is happening??
Looking at level II, I do not see this going above .14 today too. Unless we have some pumping from Agora or a PR from APDN
Morning Vans
There is always someone pulling the bid below .14. Somehow that has become the new level to break.
Wonder what is the game out here. By now we should have been seeing a steady climb.
Well McS, like you I am too far into this to give up now.
I do get frustrated every once in a while but I am banking on this stock taking me somewhere. I will be happy with anything around .50 to .75 by the year end but I wonder whether we will get there by then.
Today's reaction is strange but then everything in the past month or more has been so. Hopefully the Thursday call should set an upward trend. The revenue is not too bad though lower than our internal estimate. 82% over the previous quarter is not too bad and also the fact that this has been our best quarter ever.
I hope the dam market sees that.
Good Luck.
Welcome CDut1.
Good to hear your views too. I also second your views about the need for APDN to be more savvy or aggressive with its PR dept.
The Dr maybe doing a good job but he could well leave it to a professional. That will help. He needs to draw the attention of other consumer product industries to the technology using the DLA validation. Would it not be nice to have an Apple using this technology for its IPhones or IPads. How about some drug manufacturer??
Well let us see what he says on Thursday
Completely agree with you. Hope that we hear some more positive news in the call or before that.
The increased interest from investors as stated on the Yahoo board is also welcome. Maybe Agora is up with it again??
Nevertheless good luck to all
AG- beg to differ over here. Any start -up will go thru this phase of expenses exceeding revenues.
As long as the expenses are in the long term interest of facilitating a revenue increase and not because of some mismanagement, I am okay with that.
What needs to be seen is whether APDN can sustain this pattern of increasing revenues. They will reach a break even point then.
Yes I will. Have been in this for too long to give up now.
Thanks.
Oh Thanks. I did not see that on my Ameritrade posting.
Hope this is the one that everyone sees.
I fail to understand why they did not highlight or stress on the fact that revenues were the highest ever for a quarter.
That should have been headline instead of talking of a 22% increase over last year's corr. Qtr
Even 82% more than the previous qtr looks better to read.
Someone needs to write to Mitchell or Debie
That would have been a disaster.
Hope now that the results are behind them they can come back with some more PRs announcing something new.
The increase in expenses has been explained and those can be understood for a start-up and a company in a growth phase.
What one needs to worry about is the increase in revenues. As long as APDN can show the ability to sustain revenue growth qtr after qtr they should be okay.
Good question A1mill.
Wonder why two days before the call. Hope the market reacts positively.
For the lay investor it is :
1. Record revenues for a quarter and
2. 82% more than the previous quarter and
3. 22% more than the same quarter last year.
Either way we look good. In the conference call the Dr should spell out the potential from some of the other segments. There is a brief mention of DNAnet.
Folks. We need to see how the market reacts to this increase.
If the see it as a 82% increase over the previous quarter and 22% higher than the corresponding qtr last year, then we might see some growth.
However we on this board had set ourselves a higher bench mark and with respect to that the revenues are lower.
Will be critical to hear from the Dr the potential from other sectors.
I tend to agree with you and am not looking forward to Thursday either.
It has been 5 years and We have been only hearing stories about how promising the technology is. They have never managed to show significant revenues but I just hope that Thursday is different as good results is the only thing that can take this up.
Good Luck.
Hi McS,
This is frustrating. By new this should have set up for a nice run. It looked like it would the morning but the end of day picture is bad.
God knows who is playing around and why but this whole dam picture has not been so good ever since Crede's financing. Maybe the dilution has not gone down so well with folks. No other reason why this should not have been on the rise.
The conference call will be a monologue about the DLA and some inconsequential increase in companies signing up.
The Dr will not answer any of our more important questions.
If there is a volume of almost 5 mn shares being traded, there must be some interest in the stock. Maybe people are expecting it to run after the results.
Hopefully the results can be only better than the last quarter. The question is how much better.
Well just a couple more days.
GLTA
Actually Pharma can be huge as well as a segment like textiles or currency.
Not sure what is the issue with marking Currency. Someone has posed this question for the Thursday call.
Nice find WT. The number keeps increasing as well as some subtle changes in the language.
Let us just hope that this also reflects in a signifIcant revenue increase by Fri
Cheers!!
Cheers to that and I seriously hope you are right.
Have a good week end and Good luck.
I guess McS, with the hammering we have taken our expectations have come down too.
.15 is nowhere compared to where we were but at least better than .13 or .12. My concern is how high will it go even if the results are good. I would like to see this above the .25 level. Hope we can get there soon.
GLTA and have a great weekend
Did not quite get it. What were you referring to?
Thanks Yip.
I thought this would be something new.
They could have released such PRs much before to prevent the hammering. Hope we see some more promotional PRs next week before earnings.
Wow WT - Are these new tie-ups. Either way new to me and so THANKS.
Hope we see a turn tomorrow and next week. Would love to see APDN reach out to their investors next week.
While the investment from Crede was seen as a big positive, I am not too sure whether it is all good for us given the fact that Crede stands to get more shares at a lower PPS.
Hey McS,
Every day is a new low. I have been watching the level II and it is not very encouraging with Bids below .14 and in fact some below .13 too.
Cat has been very positive in the midst of this mayhem and I hope he is right about this. My only concern is that even a positive correction will take long to get us back to .24 or over range.
God help us.
Well let us hope so. We have no choice but to wait and hope for the best.
GLTA
Hate to see where this is headed.
Can't imagine what a struggle it will be to climb back out of this mess. Results or no results.
Thanks Yip.
I guess we all need to take a break. Hoping for the best.
GLTA