DNAprint Genomics (DNAG)

[mjam]

bluedodge - the pps fluctuation is due to the typical swing of this penny stock caused by a quick buying spree by traders the moment the news hit. All in anticipation of a flurry of speculative and emotional buying from longs and newbies. Once the pps was driven up by a backlog of buy orders, the traders began pulling out when they sensed the momentum was dying. Many were ready to pull the trigger at a mere 10 - 15% gain and still got 20 - 25%. This is how they make money.

Then some of the newbies and longs adding to their position got frustrated and sold out, adding to the downward pressure. Some panic set in, and more got out.

Today some of those folks who didn't get out yesterday were hoping for a bounce this morning. We got a little one and then they got out.

IMO we are artificially low right now and will close up.