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Applied DNA Sciences Inc. Message Board

  • wowzer12345 wowzer12345 May 8, 2013 5:24 PM Flag

    opinions please, thanks

    I have noticed that currently there are over 623 million shares in the market for APDN.

    with so many shares out, do you feel that this many shares may hinder the ability of this stock reaching, lets say $7.00 a share in the next 2 - 4 years?

    I would love to discuss your opinions and guestimates on this subject.

    Thanks for your time


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    • ghritz May 9, 2013 10:11 AM Flag

      The level to which the share price rises will depend solely upon the fortunes of the company and these appear very promising. The 623M shares represent bets on the future of APDN, votes of confidence if you will. Over the four years I've been invested (got in at $0.08) I have watched this company expand into a wide area interests and introduce new products, all of which bring value to the $60B counterfeiting racket. APDN has been steadily filling the pipeline, so much so as to require the expansion of production facilities and the hiring of personnel. I believe we will see a major breakout later this year with partial or total completion of existing contracts and news of new contracts. Not willing to guess where the share price will go in the next two quarters but believe it could possibly go to $1.00/share. Just my opinion, of course. GLTA

      Sentiment: Strong Buy

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