Replies to post #34462 on Applied DNA Sciences Inc (APDN)

[bigfish1972]

Looks like a base could be forming here around 2.70-2.75. I think this is capitulation volume, personally, and a quick bounce to $4 will happen fairly soon.

[Deep Space]

I acted on some shares here.I agree with your premise overall,but think this will bounce back strong soon..A uplisting will come with some positive happenings.RSI14 has fallen below the screen as well.Out of the otc this goes..

Tag those sheets!

Hope all is well here and that APDN makes a up move.

[Apdn believer]

I think your comments AG are very revealing. Many here have, like I have held shares for years. I believed the mandate would be the holy grail for this business, sadly at least till now I was wrong.

The simple truth here is that APDN have to justify the business model. Right now they are a cash cow and unless they demonstrate the quite brilliant technology has a live market sustaining this business and actually start making a profit they will continue to get creamed.

The company have always been poor at keeping us informed and on the big board it is up to them to entice shareholders to invest.

They must now step up and as you say map out the future path. I still believe the future looks bright, my concern is that the rewards for us may be a few years away still. If that is the case I can understand both people selling and people reluctant to invest.

Let's hope we see a bounce and some meaningful info from the company. GL