Replies to post #53714 on DNA Brands Inc (DNAX)

[xero90]

Well they don't allow you to buy below deck, ie 0000001
That's the issue with your math

[Ed the Trader]

"If this company announces a couple more "completed ICO consulting projects", I believe it may just get a pulse here..."

Go look at the price and volume chart for the end of October and the first part of November.

If you add up the volume for the 15 trading days starting about October 30th, you will see that in 15 trading days, about 12 billion shares of DNAX stock was traded. For the first 10 days of that period, DNAX averaged 1 billion shares traded per day... for 10 straight days!

Do you know what happened to the PPS? Nothing. It hit $0.0002 briefly a few times and then promptly dropped right back down to $0.0001.

Have you EVER seen a stock trade ONE BILLION shares for 10 straight days and NOT run?

Well, if you look at DNAX for that period, you will see just that.

This ticker is an over-diluted cow which belongs to a corporation which the CEO will make sure never sees any profits. Creating a profit would mean that the CEO accidentally worked too hard because he only wants to work just hard enough to sell loans to toxic financiers who will then convert those loans to underpriced stock that they will dump on people like you at retail price for a profit. Once Adrian has his money from the loans he sells, what happens downstream to the resulting dilutive shares is completely not his concern.