Replies to post #31519 on Applied DNA Sciences Inc (APDN)

[WishfulThinking1]

AP1, I sent off a email to ADNAS this morning for further clarification. A 3 for 1 would get them down to 450,000,000 shares, but a 40 for 1 R/S would get the share price up to 4.84 at yesterdays closing price. Waiting to hear what they have to say. Really not happy about this at all. Although you would initially have the same amount of money you invested, the number of shares you own get hammered. At one of the qtrly briefings, Dr. Hayward stated they were not considering a reverse split. And now it is a possible option!

[kbar44]

I mean this respectfully; maybe everyone here needs to reset their expectations. Sure everyone wants to see this puppy go up 10x or 20x or 100x overnight, but that's really unlikely. I think a reverse split could be great for public perception. APDN wont be perceived as much as an ultra risky penny stock, which would make it more likely to draw skilled investors. Maybe eventually we'll get re-listed to a "real" exchange, where we can sustain consistent YoY growth in pps. Hell, I'd be totally stoked if this stock one day paid dividends. People get destroyed by penny stock schemes everyday, we've seen pump and dumps executed here a few times. If we want this company to be taken seriously, and move up to one of the big boy exchanges, we should have more realistic expectations for our returns. When people call themselves long here, I take that to mean years. I don't mean to be the fun police at this party, I want to see APDN succeed so that we succeed too, but a "damn now we cant get-rich-quick" attitude is foolish.