Replies to post #35379 on Applied DNA Sciences Inc (APDN)

[Pasta]

The penny stock traders didn't produce a net loss of 15 million. That one is on the company and is the primary reason for the stock price.

[Sea Pigeon]

So the shorts have gone? We welcome new investors and who has been flushed? The old longs. Classic.

[dog turd cannon]

He is kind-of right. Not "shorts" but "short term". That is exactly what APDN has been dealing with for years. But, he is wrong that that has stopped. It is just the flippers are trading in the new ~ 2.55 - 2.99 range, but overall the downward trend will continue. And, he is further wrong that raising the stock price was a good thing for the stock price. IT wasn't because now it is safer to short.

Short-term traders don't keep stocks "down" in a range... they keep stocks "up" in a range. Without the flippers this stock would have no volume and the bleed would be much more noticeable.

Any CEO or executive that makes a statement on traders affecting the stock price is a pink CEO.