Applied DNA Sciences Inc (APDN)

[bigfish1972]

Well, this week will be very interesting. I of course bought back in just under .18 once again. Usually I would not buy in ahead of financials, as this is a gamble pure and simple in most cases. In the case of APDN, I don't see much downside though. Our big seller is not letting this over .18 for now, for whatever reason. Maybe he knows that Crede will be cashing out at anything over .186, and he is still holding some cheapies from .04+ and is still making about 300% cashing out at .18. I don't see him whacking many bids now though, just posting his offer at .18. I wonder how many shares he has left? That was an extremely lucrative deal for him! Must be nice.

This is all just my speculation on the big seller, but it makes sense to me. I'd love to see some massive volume for the rest of this month, enough to take him out completely. I think Crede will let it go into the .20s after he is gone.