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  • What Makes Applied DNA Sciences Inc Noticeable? 1 comment
    Apr 3, 2013 2:54 PM | about stocks: APDN

    Applied DNA Sciences Inc (OTC:APDN) has been moving in bullish trend in recent trading sessions after the adoption of the company's smartDNA platform by VattenfallEldistribution AB. Since Vattenfall AB is the largest provider of electricity in Sweden, which comprises of 50% of country's electricity, this made massive news for Applied DNA.

    Applied DNA has been covered by OTCmagic since its stock was moving along $0.03 per share, with impressive revenues along with impulsive technical indicators. After the announcement of financial results for the third fiscal quarter, of the provider of DNA-based anti-counterfeiting technology and product authentication solutions, showing $528,574 revenues, the stock moved up explosively. The revenue generated represents 130% increase in revenue from the year before.

    In addition to the sound buildup contributing to this course from the start, one of the influences that initially impacted was, theDoD Defense Logistics Agency naming the Applied DNA, which was a mere rumor at first but now confirmed.

    Currently APDN seems clued-up for noticeable getaway to much higher levels, with a massive demand for its technology. This penny stock of volatile nature seems to be ignited in very short time, which for sure should be risk-takers' lookout, that might offer a remarkable opportunity in upcoming months.

    For more information and insights on Applied DNA Sciences Inc please click here: APDN

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: APDN
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  • almostasim
    , contributor
    Comment (1) | Send Message
    This is also true. Look at de 10-Q report.
    The financial figures in the company's latest 10-Q report
    , however, are worrying. A quarterly revenue of half a million is obliterated by operating expenses of $1.9 million. The bottom line is a net loss of $1.42 million and an accumulated deficit of a startling $167 million.
    5 Apr 2013, 07:08 AM Reply Like
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