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Tuesday, February 07, 2006 5:50:43 PM
Thank you for your reply. I now have a better understanding of where you are coming from and want to offer the following comments for your kind consideration.
I never thought penny stocks, particularly DNAG, are capable of being meaningfully analyzed from a technical standpoint because of their unpredictability and volatility. Nonetheless, I do wish you luck in your pursuit of this process.
With regard to buying "Really cheap", my only thought is that what may be cheap today with DNAG may very well be quite expensive tomorrow, given the fact that the pps has plummeted to its present pre r/s subpenny valuation of .001075. Think of those poor souls who bought in shortly after the r/s for, as one notorious pumper on this and the RB board had proudly proclaimed, "insurance" purposes.
Bottom line is, can this pps go any lower? IMHO, absolutely, given the 30 million per month unabated dilution and the very real prospect of ANOTHER (Virgil, are you reading this? LOL!) r/s which I predict will probably be implemented around the end of this summer or when the o/s reaches 500 million, whichever first occurs.
This is JMHO and I do want to wish you the best in this investment!
dr f
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