You definitly don't know the company and need to do some serious DD on it before posting this garbage...
Sorry.. didn't mean to offend..
It's just that I'm leery of a stock trading at .02/share, since the market's not stupid (given it's collective investor intelligence). It's at that price for a reason, no matter how much potential it's product line might have. It means that either the management is negligent (indifferent?) toward preserving shareholder value, or there are some shenanigans going such as naked shorting that has been facilitated by the inability of management to get their story out in a credible manner.
So when I mean "crap shoot", I mean that the shares don't have a great following ($3 million market cap), it's still in developmental stage (given only $1 million in revenues).
finance.yahoo.com
There's been no insider buying of the stock, and Hector Gomez is the only executive who reports having a piddly stake of 40,000 shares.
So if my comments are "garbage", I guess I'd like to see you "clean it up" and provide us some logical reasons to consider DNAG a sound company in which success is assured.
I've been REALLY burned on BB stocks. So pardon me if I'm a bit cynical. They just need to "show me da money!!"
But given the price, low market cap, and interesting concept, as well as the fact that some promoter is being paid stock that is equal to 50 times the stock holdings of the COB, it probably has some potential for short to intermediate term upside.
Would you care for me to post more "garbage", or should we return this thread to it's previous programming... ;0)
Hawk
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PS: sorry if my post sounds harsh, but I take don't kindly to having my posts referred to as "garbage".. It sounds like you might be "falling in love" with your stock.... That's a mistake that I wager you might live to regret (I've been there, done that, got the "wallpaper"). |
