Applied DNA Sciences Inc (APDN)

[SunScents]

I'm always happy to share this strategy.
It's not always foolproof. I do make bad choices, but not often. So, in the end it's a very profitable approach.

Yesterday afternoon. I bought 2000 shares for 3.98 or so. I sold them this morning for 4.49. That's 51 cents of profit....or around 12% in less than 24 hours. You're not going to do that in the bank.

APDN is playable this way....with some risk. It might tank and you'd be stuck with 2000 shares for a few days. It almost always over the last 3 months bounced enough to almost never lose.

This same idea can be used with any stock. I usually trade this way with bigger stocks like Apple, Amazon, Netflix, etc.

If you can make 2 or 3% on a trade. You should do it. After all. Our money in the bank is earning 1.5% per year at best. I like to make that on a weekly basis.

APDN doesn't seem to be a good longterm hold. Perhaps that can change if they can make the right Covid-19 play.