Replies to post #58297 on Applied DNA Sciences Inc (APDN)

[KOmani]

Nah, someone tried to shake the tree.

Nice pop and consolidation back to $2

You have to remember that shorts rarely lose and market makers need to accumulate a few shares before they let stocks run.

This is why holding through an event is a poor idea.

Better to trade after.

Like the consolidation to $2 provided a good entry.

With the shares previously trading as low as they were, the shorts can find shares.