I think, you are correct George
I have been watching this stock more or less permanently (since I am NOT involved as shorters or ahareholders or whatsover).
It just catched my personal interess, where a stock hyped from 5 USD
to 120 USD last summer might end.
The funniest thing, I had permanently to laugh about was that HOW the
hell (-> sorry but true) are you able to hype a stock DEALING in
high-tech and see-food AT THE SAME time (under the same or very
related managment).
Alone this fact was already ridiculous enough. Or can you imagine
Bill Clinton having his president job and running a Barby-Pupe shop
in South-India. Just the same,like the joke in DNA.
Well 5 USD ? Why ? The easy and stupid answer would be: 5 USD simply BECAUSE it is coming from 5 USD and still making the same losses.
The "more sophisticated" answer might be found in one of the reports of an Independent Consultancy company, issued sometimes back, end of
last year. They described their technical studies analyzing DNA's high-tech switches and the rest of the "whatever DNA might have".
I just remember very clearly their final sentence: "... we believe,
depending on our analyses, that DNA potential and technical capabilities are not ... blab-blab ... and see the stock price to
go back under 5 USD, which represents according to our opinion the
true value of this company." At this time the DNA share price was
at 30+ USD - so I thought "uffff these guys are really though or
sort sellers" ?
DNA, denied of course immediatly the study as nonsense and couple
of months later "Diana Corp. president cuts stake to 11.3 pct".
That's almost funny: especially if you are a president of a company.
Anyway, since I am not interested in DNA (and most probably) will
never enter this thread again - please fill free to call me every
optimistic DNA investor, as shorter/hyper/lyer/idiot or whatever.
Good luck with everybody. Regards,
Stefan
(P.S.: Ah yes: this news group started with the first e-mail from a guy telling "DNA will be soon again above 60".
I tell, that DNA will be soon below 10 - but this is a much more easy
assumption at the current stock price, so it might be true - even it is not fair.) |
