Applied DNA Sciences Inc (APDN)

[APDN 4 LIFE]

The spike in volume is definitely related to the earnings but with justification. We are going to see another record breaking quarter for our company's revenues. That will justify an increase in our PPS. You just have to watch how high it goes up. Is it really justified at a 40% price per share increase? How about 80%?

Neither is realistic IMO and smart traders are going to take their profits.

My advice is if you see a large spike in share price (over 5 cents in a day) then take some profits for yourself. I will be selling 10% of my shares this time around if it happens again. UNLESS WE TURN A PROFIT!! (doubtful I know)

Either way we are going to continue the upward trend. Just like after the last time earnings were released for example. We shot from 12 cents to 19. There was a major sell off but we regained much of the ground we lost and ended up higher then pre earnings release. We settled around 15 cents the week after which is what the revenues justified.

I think we are going to settle above 20 cents by next earnings call (not the one coming in a week). Just play the swings that we know are coming. There will be another chance to buy in at a lower price. I think we could break through 20 cents this time around, come down hard and regain the lost ground slowly just like before.