Thursday, October 16, 2014 1:57:44 PM
I'm currently holding about 50K shares. So I don't have very much "skin in the game" right now. I'm not planning on buying any more at least until they get their things sorted with this RS. I guess I am for the RS, I think we need to be listed on a "real" exchange to be taken seriously by stable investors. If APDN wants to run with the big boys, and be a fundamental player in this emerging anti-counterfeiting industry, they'll have to get out of penny land. Growing pains aside, there is way too much manipulation of the stock price on these OTC exchanges. I've read of companies with great products/services, with ambitious, competent leadership that have been absolutely ruined by the manipulation they open themselves up to by listing on these OTC boards (links on bottom to a thread about that specifically).
I like that the DLA and DOD are invested here, that gives me some confidence that they wont let APDN go under, at least not without a fight lest they open themselves up to some ridicule by all the OCMs/distributors that have been outspoken about this technology. But I see the real growth (if this company does take off) in the other verticals such as textiles, pharma, and law enforcement.
I like all the posters on this board, I think the regulars are a fun group and I enjoy checking in and reading the conversation weekly (at least). I really don't mean to offend anyone, but I dont think anyone that posts here has a clue about what is going to happen with this company (myself included). We all have different tolerances to risk. Some posters are more confident than others, and some posters sound like the have alternate intentions. Obviously time will tell. Good luck to you and everyone here, especially sharky,apdn1mill,shail,and all the other regulars that always contribute to the conversation, as speculative as it is. I'm sticking around at least through the rest of 2014.
Stories you need to read:
How a completely legitimate company can get smacked down to zero. The moral of the story is that no matter how much research you think have may have done, it will make no difference. If one big shareholder decides to dump, the whole ship is going down.
http://www.reddit.com/r/investing/comments/158vi7/i_used_to_be_a_penny_stock_promoter_in_the_late/c7kc7jh
Manipulating chat boards, the bucket shop
http://www.reddit.com/r/investing/comments/158vi7/i_used_to_be_a_penny_stock_promoter_in_the_late/c7kgpfu
Recent APDN News
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 03/04/2024 10:18:33 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/12/2024 09:25:36 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 02/12/2024 09:09:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 09:05:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/08/2024 09:01:31 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/01/2024 09:05:28 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 01/26/2024 09:24:06 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/10/2024 10:16:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2024 12:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 09:05:23 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 12/07/2023 09:01:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/06/2023 09:05:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 10:09:34 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/07/2023 10:02:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2023 08:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/10/2023 08:05:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:01:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2023 08:02:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/13/2023 09:04:44 PM
- Applied DNA to Report Second Quarter Fiscal 2023 Financial Results and Host Investor Conference Call and Webcast on Thursday, May 11, 2023 • Business Wire • 05/03/2023 07:00:00 PM
FEATURED NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM