mooonshine199
Long

APDN Long Opportunity

NASDAQ:APDN   APPLIED DNA SCIENCES INC
19 0 0
Multiple Bullish Drivers and rationale here:
Potential Earnings Surprise in under 2 weeks
PPS has fallen dramatically, and bounced on the topside of the establish "Inherent Value Channel", before being pushed to the bottom half of the channel on a secondary offering, which should show plenty of available cash Pro Forma on the 10K.
Company is in a strong growth mode, cash from last offering seemed more than needed for "normal operations". Potentially something big in the winds? Acquisition/expansion/major contract?

Seems like this ticker had a period of channel trading, which was followed by a major uptick in volume , then a short attack. Now the PPS is settling back into the bottom of its normal trading channel. Ripe for a long position.


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