Replies to post #14654 on Archie's Corner (POW)

[WillyWizard]

DNAP DD

I would guess DNAP is only a pump if it runs. I have seen it pumped a few times and it depends on who is pumping where it moves to. If you look at the stochastic from clear station it looks rather weak.

http://clearstation.etrade.com/cgi-bin/details?Symbol=dnap&Refer=http://clearstation.etrade.com/...

Take a good look at the run last October. No reason what so ever for it to move like that and it dropped right back on its lips. It looks like someone is attempting the same type of pump. If it moves I would call a .08 to .10 top unless a big pump starts up. I would suspect a lot of selling on a run from those that have been stuck holding from the October move. This is the world of these high issued, high float pennies. As per S-8 Description of Securities.

The Company is authorized to issue 500,000,000 shares of common stock, $0.01 par value per share, of which 411,678,374 shares are issued and outstanding as of the date hereof.

Also last S-8 was for 20,000,000 shares 11/07/01

If they have to issue all these shares they will have to file to increase authorized.

This link is another part of the story. Insider selling: http://biz.yahoo.com/t/d/dnap.html


http://www.freeedgar.com/search/ViewFilingsData.asp?CIK=1127354&Directory=1070876&Year=01&am...


Just my DD on a company I have followed but would not buy. My reasons are above.

Thank you,

Willy

Disclaimer: http://www.investorshub.com/boards/read_msg.asp?message_id=243398 This disclaimer is copied off my web site and should be read in conjunction with all my posting at IHUB.

[Archangel]

BB, I think DNAP will see .20 inside 4 months>>>>>>>>>

http://www.investorshub.com/boards/read_msg.asp?message_id=255545

Arch

[mmayr]

BB. . .

I'm not sure what Arch thinks about that chart, but it looks FINE to me:-). It would be nice if all the trends that are seen in charts would pull through over and over again. Not always the case, however. Good sign. . .look at the MFI (Money Flow Index) on DNAP. Lots of buying going on!

Peace. . .

M&M Man