Why would you attack Stockboy?
If one listened to Jever they would have lost a great deal of money. However, if someone listened to Stockboy over the last few months one would have saved money. Jever and others on this board that preached to buy and the price will go up soon are just as bad as those in the past that stated .0001 is coming. It truly is disgusting.
Although, this company has more irons in the fire than ever before it continues to dilute shares to stay alive and dilute to buy companies that do not have positive earnings. The only reason why a stock goes up or down is supply and demand. It doesn’t matter what the trigger for the accumulation or distribution is… be it value, growth, speculation, poor quarter, great year…the only reason a stock goes up is the squeeze on liquidity on the float during an accumulation period….that’s called demand. That’s it. With that being said DNAG's continued dilution is hurting the stock. Also, with the purchases of different companies, the exposure is nice and likely gets more people interested or introduced to the company; however, expanding revenue with exposure means little when you're expanding costs at a greater clip. I hope, like most purchases, these mergers will likely take 1 to 2 years for all synergies to come into focus, efficiencies to be realized, and relative expenses reduced....but this does not help us now. Do your own DD and you will see in the last quarterly that the Net Loss out paced Sales over the previous year. If this company continues to buy other non-profitable companies for stock while continuing to dilute share value to stay alive they many not reach 2011 to see 401 come to market. If you can't see that their expansion over the last year (although interesting) has hurt their chances to their now main goal, bringing super epo to market…you’re investing recklessly....do what you will.
Too many on this board sling too much crap without looking at the real details...this is one of the reasons I have stayed away for awhile. Everybody please read the quarterly statements. I am hopeful that one day this company will be profitable while improving the lives of those who the medicines are focused one…..and the pps rises accordingly until then I will hold on to a small core with the understanding as everyone here should have.....that it maybe a tax write off.
I can afford to be patience...everyone with this investment should be asking themselves if they can afford the loss.
God Bless,
Big Blue
