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Ed the Trader

04/15/15 10:16 PM

#20702 RE: boca_bobby #20697

"There are also folks out there that could care less about new products and simply just keep shorting the hell out of DNAX."

Considering that $0.0001 is still the floor on retail trading, unless one were expecting a reverse split, why would anyone short a stock with a PPS of $0.0001?

Also, have you ever tried to short a SUBPENNY stock? I've had some who have suggested that some Canadian brokers allow it, though no one has ever been able to tell me the names of those brokers. Retail traders certainly cannot short subpenny stocks with any U.S. broker and not even off shore Caribbean brokers will allow it.

Mr. Obvious

04/16/15 8:33 AM

#20705 RE: boca_bobby #20697

While I agree they blew many opportunities, I'm still pissed that Mel hasn't publicly announced anything close to a positive outlook. I am confident there is zero shorting happening. That word gets thrown around in penny stock land WAY too often and I'd say about .01% of those claims are actually reality. The truth is nobody wants to throw anymore money at this until Mel shows he is willing to at least move forward. I have driven down to Boca on more than one occasion, spoke to Mel, viewed the warehouse (before it closed), posted pics, ordered a LOT of cases of DNA and handed them out around town and work.

Mel needs to show the same effort or I'm afraid to say all of the shares I have purchased here over the past couple of years are worthless. And yes, many were WAY higher than the current ridiculous .0001 bullsj!t.

WAKE THE F UP MEL!