Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Applied DNA Sciences (OTCBB: APDN) on their exclusive penny stock alert service. Mr. Dean comments, The World Customs Organization and Interpol estimate that annual global trade in illegitimate goods was roughly $600 billion in 2004 and growing. And according to the U.S. Chamber of Commerce, counterfeiting, diversion and piracy cost the US economy between $200-$250 billion per year.
Our latest stock idea—Applied DNA Sciences (APDN) is well positioned to lead the world in protection against counterfeiting. And talk about a fascinating technology. The company actually uses the DNA of plants to mark and identify objects in a unique manner that essentially cannot be counterfeited. These objects can then be tested for the presence of “SigNature DNA” using either instant field detection or forensic authentication alternatives.
If this story sounds familiar…it should. We alerted members to this incredible company a little over a month ago and the stock surged 70% immediately following our alert on six times higher volume than its previous record volume day.
So why are we alerting members to this company once again? Well, since our initial alert the stock has had a healthy “pullback” period and has been quietly building strength again over the past couple weeks. Now the stock is now trading higher than when we first announced it.
We think APDN looks far from “over-bought” at the current price; in fact it looks like it is ready to make another breakout run higher. We want everyone to look at this one on Tuesday and see if the trend continues.
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To view the OTCPicks.com Company Profile for Applied DNA Sciences, please visit http://www.otcpicks.com/applied-dna-sciences.htm
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party for APDN advertising and promotional services. Additionally OTCPicks.com has been compensated a total of five thousand dollars by BlueWave Advisors for multiple one week promotions of APDN.
