Replies to post #47401 on Applied DNA Sciences Inc (APDN)

[speed_of_light]

$1.60 seemed cheap a couple of months ago -- that is, until the pps plummeted to 95 centavos.

Further, on an absolute basis while 39 cents may not be a lot of money, if you're going to pay that amount for something that's only worth 1 penny, it's hugely expensive.

Lastly, if you look at the historical performance of the stock, you've had shareholders for the last 9 plus years Enthusiastically referring to the it as being "cheap" and that "Now's the time to buy!".

And, yet, during that time frame the pps has declined 86% from $11.40 at the inception of this forum down to where it stands today: $1.60.

To make matters worse, no one appears to have ANY IDEA what the revenues are going to come in at --- NOT EVEN over the remainder of this fiscal year!!! much less over the next several.

Finally, you may want to take into consideration the 50% dilution overhang associated with the recent $25M shelf registration...

Yes, you're talking a MASSIVE INCREASE IN THE NUMBER OF SHARES AND WARRANTS being issued over the next couple of years!!

Hope this helps!

GL!