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You really should ignore this though.
If you want to pay attention to shorting just look at the Short Exempt shares every day. Those are shares that are actually shorted each day. Not the Short Interest or Short Volume.
And, keep track of those 13G/A especially when the reported shares remain constant but the percentage of class falls. That is a 100% guaranteed sign of dilution.
Normally that means... someone has acquired a large block of shares and put them out on loan. Was there an S-3/8 lately?
Have any amended 13G/Ds been filed showing the same number of shares but a different class percentage?
Yes, there is.
Remember way back in February of what 2014 when this was 11.5 cents and we all sold and just watched from there? Good times. High five.
Why don't you (a) stop believing the company is attempting to sell a product and start believing that the companies goal is to use the hype-ability of the product to sell shares and then (b) learn to profit of this.
I have been trying for years to get people to understand certain inalienable facts about the market. As long as a company can sell shares are profit greater than 40% there is no reason for them to sell a product and these shares, for APDN, are paying out at 100-1000%.
There are OBVIOUS signals when to buy and sell.
http://www.tiikoni.com/tis/view/?id=fd1768e
I said... last year (or early this year) to flip for 40 cents, gave the exact range the stock would trade in, I am not smarter than anyone I just pay attention to the rules of the game. And "invest" is not one of them.
Oh snap... I forgot this had fallen so far.
Yesterday was a complete lack of bids. Zero bids where on, so when someone market ordered if fell all the way down.
Not a good sign that absolutely no one bid in the afternoon.
Is that the Mic Drop? 90% in a day...
Actually a lot has changed
As of May 13, 2013, the registrant had 731,297,908 shares of common stock outstanding.
At August 5, 2016, the registrant had 24,078,636 shares of common stock outstanding.
They started the share selling over.
Did you catch this?
"This percentage calculation is based on 24,072,092 outstanding shares as of December 31, 2015 plus 1,923,762 shares underlying options and warrants exercisable within 60 days."
vs. an earlier filing?
"This percentage calculation is based on 24,054,092 shares of common stock outstanding as of February 9, 2016 plus 6,026,394 shares subject to outstanding warrants."
60 days... tick/tock.
Read the previous two 10-Qs. Notice a big difference?
"Effective January 1, 2015, the Chief Executive Officer’s annual salary was voluntarily reduced by an additional $50,000. As of January 1, 2016, the Chief Executive Officer's salary was increased to $400,000 pursuant to approval by the Compensation Committee of the Board of Directors. Effective May 7, 2016, the Chief Executive Officer’s annual salary was voluntarily reduced by $100,000."
"Effective January 1, 2015, the Chief Executive Officer’s annual salary was voluntarily reduced by an additional $50,000. As of January 1, 2016, the Chief Executive Officer's salary was increased to $400,000 pursuant to approval by the Compensation Committee of the Board of Directors. Effective May 7, 2016, the Chief Executive Officer’s annual salary was voluntarily reduced by $100,000. On July 28, 2016, a new employment agreement was entered into with the Chief Executive Officer effective July 1, 2016. The initial term is from July 1, 2016 through June 30, 2017, with automatic one-year renewal periods. The terms of the agreement are substantially the same as his original employment agreement, except the cash incentive bonus was modified. Under the new agreement, Dr. Hayward will be eligible for a special cash incentive bonus of up to $800,000, $300,000 of which will be payable if and when annual revenue reaches $8 million and $100,000 of which would be payable for each $2 million of annual revenue in excess of $8 million."
And his salary came from here...
http://insiders.morningstar.com/trading/executive-compensation.action?t=APDN®ion=usa&culture=en-US
I added in the bonus structure to his 2015 salary. The key is what they will define as revenue going forward.
What often happens is sale of warrants is listed pro rata as revenue. I don't have time right now to find an example for you. Just watch out for it... in a quarter or two. A revenue line that magically appears and gets a 1.2 million dollar bonus.
Did you read the post I made to MC Sharkey yet?
Read the post I sent to MC Sharkey.... it explains and shows with pretty little graphs what you are missing.
At one point was going to sell some code to the Democrats that did sentiment analysis. The code, not the Democrats. Democrats don't understand microwave oven doors let alone code.
Not nationally but state level. Much like everything else... I didn't get around to the meeting. Though the guy was a real Texan on the phone.
Let's all watch ADMP tomorrow... :) And... yep, I'd say at this point it is a scam too.
APDN is selling shares. That money earned is then paying his salary. They haven't earned any revenue sufficient enough to pay 3 million per year.
This board is getting caught up in a logical fallacy. There are many legal ways to sell shares and make money of them. The least honest of them is to have the company sell and then hike your own salary.
From the last filing... if you subtract 23.5 million from 24.0 million you get 500 shares were sold this past quarter.
24,075,225 21,444,335 23,563,164 18,075,506
And here...
http://www.tiikoni.com/tis/view/?id=dfa36a4
You can see the two days the shares were sold... big sudden drops in price with huge volume. Today was a good day to make 40 cents BTW.
You find out where he is getting his salary from. Lay it out for us. How is APDN paying the CEO?
He is selling shares to pay himself a salary. That is 100% verifiable fact. There is no income otherwise to pay himself.
The risk was very, very low if not zero on whatever day that was I posted. The risk is higher today. Near-term risk is close to 50/50 on the close of Monday. Long-term risk is still rather low but not negligible. Upside Monday is enormous though... as is the downside.
I make trades that are as close 0 risk as possible, i.e guarantees. Today, I can't say there is zero risk.
Nice day for ADMP... go figure I can be two weeks ahead of a movement in a stock and yet not know what I am doing.
He is going to make that on ADMP probably.
I don't invest in public companies. Period. I just play the patterns. I just held THLD for 9 months... that is about as long as I have held anything in over 2 decades.
Private companies sure, but there almost no public companies whose stock isn't manipulated.
Check out what has happened to this stock... since I cheekily alerted it
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124484970
I can not make this any easier...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124484970
Check the date... well in time to make a trade or 100k.
pong... what a great day. Glad people showed up after I hoarded the shares
Can't come up with anything tangible. Still working on it.
Sure. Or you could say the issue is... they have no reason to make end retail any money. They only have reasons and motivations to make insiders and management money. This is a penny stock after all.
Hype... is more valuable than hard work. Angel investment is usually (more than half) under the restriction that the "CEO" not collect a salary until there is profit... that is the way finance works.
Good... good... why are you here then? If you are a trader then have at. But, if you are an investor this isn't in the top 1000 stocks to pick.
Ever read Liar's Poker? Economic arguments haven't been valid predictors of price movements since the early 1970s. This comes down to very simple maxim. If I can pay myself 3 million for not generating revenue why would I need to generate revenue? The private space in this market has CEOs making 100k that want to go IPO POST profit. Who is going to win?
I don't invest in public companies. I do in private companies because I can set restrictions on salaries, etc. I do trade public companies though. And, I take very long vacations... like April through August type vacations.
Please tell me you have been flipping for 40 cents? I am an asshole for sure but I do not mislead.
I posted links... hard to deny hard coded links.
Today was a good day for a quick flip. Could have made 25% in a few hours.
So I went through this a couple of times... I need to write some code to test some things and I'll get back to you. I am still not sure there is really anything significant in this... but there might be.
I have, at this point, left the building on THLD and moved on to other stocks... I have dropped hints what they are in different places. But, I will post the results for you to see. Will take a few days to write, collect and review.
I posted to this board before hand how to play this stock. That was very helpful. I also gave other stocks more suited to people that want to invest. That was very helpful.
The key thing you miss is I gave the information before hand.
You know... I never even looked for something like this. Thanks a lot... I am so used to gathering my own data at this point.
I posted to the THLD board back in December and posted a few times explaining how to play it...
Mean while in the real world... while APDN sits idle the stocks I have dropped hints at are all way up. You either want to make money... or you want to feel like an "investor." AXGN which I said on this board was a much better investment is up from $4 to $10 while APDN is effectually down (r/s).
It is worth your time to go through my posts and realize how much money I really make at trading. And... I pretty helpful to those that understand reality.
BEtter than APDN. They have positive revenue streams... but you wouldn't know that. AS they are private and you'd have to be a qualified investor to get them respond to an RFP.
I don't have enough data on filing that motion. I had originally slated THLD for a $3.00 top price but I don't think I will play it again at this point.
I don't like to guess I like data. I am happy $1.00 / share considering I was almost free on the shares.
There are at last count 10 companies doing this. I posted all this information before. Your opinion on what is difficult is immaterial since so many find it easy to do.
Show me how he got $3 million to pay himself...