Every week I bring the best of ideas for stock trades. Some do extremely well and enjoy gains over several days of 40 to 60% (
NGHI,
DUSS and others). Some of our longer term trade ideas like
NFES are showing returns of over 120% since our first alert.
My members are making money all around, and I want to keep up the streak for everyone.
The key in trading stocks in this area is to watch momentum and trading activity. If you believe that the stock that I am highlighting fits into your personal trading profile -- then trade it. Every idea is not suited for every investor. I want you to make money on the ones you feel comfortable with.
I have had some great successes over the past few months and I will continue to look for likely stocks to trade both on my alerts and my blog. Once I have highlighted a stock, I keep track of them. I enjoy bringing stocks back that my subscribers have had success with in the past. I never know when a stock that I had previously recommended may become attractive again. Many times companies that have done well for my subscribers will become attractive again either on a news or chart basis.
One such company is Applied DNA Sciences (
APDN) which has retreated from where we had recommended it and is looking very attractive again.
If you look at the stock chart, you will see
APDN has retreated significantly from its high of 21 cents in early June (coincidentally a few days after our last alert on the stock, where many of my members made 50%+ in just a few days!). The stock had plateaued at around 9 cents and has recently begun to rise again. Friday’s close was at 13 cents, but I feel the stock has much farther to run. The chart tells me:
***
APDN is in an accumulation phase again looking at both the RSI and Stochastics *** The MACD line has turned positive (although it is still below the zero line) *** Volume has picked up again and is approx. 50% higher than the avg.
3 mo. Volume no.
In the past few days,
APDN has quietly been building momentum again and we think it could to make another surge higher from here - this time possibly over .20, which could be a 30%+ gain in the short term.
Fundamentally,
APDN looks very good to me. I also love the innovative technology they have produced which uses DNA to protect products, brands and intellectual property from counterfeiting and diversion.
The Company http://cts.vresp.com/c/InvestorSoup/52cf11e023/ed931285a7/0968b09b57 As the company points out on its website, DNA is one of the most trusted forms of forensic evidence. There is a potentially huge market for this since the primary uses are in the detection of fraudulent paper currency, product tampering and document protection.
Many companies and industries are now turning to
APDN’s SigNature DNA and BioMaterial Genotyping™ to ensure the authenticity of their products and to reduce the potential for counterfeiting and diversion in the market.
APDN’s complete suite of DNA markers and authentication services can help to protect the integrity, quality and security of a wide range of products. DNA-marked security inks, including: intaglio, inkjet, thermal transfer, UV-curable, screen printed, flexographic and offset printed inks are now available.
The company likes to say that “DNA is the Ultimate Reality Check”, leaving behind a unique forensic signature that can be used to verify the authenticity of a product. That is what they are counting on. The losses to manufacturers and owners is astronomical due to fraud and theft.
APDN is doing something to combat that.
What’s new, pussycat Since our first alert in late May,
APDN continues to progress – and IMPRESS! You can read for yourself the number of releases
APDN has put out chronicling its progress. Click this link here for news. In June of 2009,
APDN issued a “fact sheet” that makes for good reading. Some key points from the sheet include the fact that
APDN has 12 patents, 27 patents pending, 2 registered trademarks, and 3 pending trademarks for their technology and marks. The company has labs in both the UK and the US. President and CEO, Dr. James A. Hayward has invested almost $2MM of his own money into the company. The company has no long-term debt and is in the process of raising capital to further support their growth. That all sounds great to me in this difficult environment.
Bottom Line
APDN is at a lower price than our previous alert and has all of the earmarks of a stock that could run. Volume is sufficient and as a low-priced stock, I believe that this stock certainly has the potential to test the 21 cent high again. The fundamentals behind the company have only gotten stronger.
Do your due diligence and watch your entry point. The market for
APDN’s products are huge: in the packaging industry alone, the market for verification technologies was over $68 billion in 2006 and is forecasted to grow to $86 billion by 2012 (BCC Research). I am looking to start your trading week out the right way! With a big gainer! Go
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