stocktrader2009
09-03-2009, 08:08 PM
Applied DNA Sciences Inc (Public, OTC:APDN) is posed to break
52-week high
My recent pick - APDN.OB - is one that I've done extensively more
research compared to many of my past picks!
That's because I am absolutely determined to ensure a winner in which
early investors could enter with confidence and exit with comfortable
profits.
In order to achieve this, I felt the downside risk must be minimized by:
(1) good foundation of potential investors providing bid support
looking for less expensive stock
(2) likely current shareholder belief that the stock will continue its
uptrend - which could decrease sell pressure
(3) the fundamental and technical prospects must be abundant enough to
potentially achieve a share price that is a double from current
levels.
LATEST NEWS ON ADPN - Can Protect Metal-Based Products From Counterfeiting
STONY BROOK, NY--(Marketwire - September 3, 2009) - Applied DNA
Sciences, Inc. (OTCBB: APDN), a provider of DNA-based security
solutions, announced that it has successfully incorporated its
proprietary SigNatureŽ DNA markers onto the surfaces of intact metal,
with the potential to assign unique DNA sequences for each metal
application. Counterfeit metal materials have been detected in
everyday building and construction materials, electronic components,
after-market car parts, public rail and bus transportation materials,
packaging and components used in military and commercial aircraft.
According to Robert P. Ernst (Naval Air Systems Command's Aging
Aircraft Program), "As many as 15% of all spare and replacement
microchips the Pentagon buys are counterfeit...We are having field
failures regularly within our weapons systems -- and in almost every
weapon system." (Business Week, October 2008). In May 2009, the U.S.
Department of Commerce issued a Report on Counterfeits indicating that
total counterfeit incidents increased from 3,868 (2005) to 9,356
(2008), representing an increase of over 200%. Of the counterfeit
products surveyed in 2008, 5,267 of these products were "used product
re-marked as higher grade" microcircuits.
Dr. James A. Hayward, CEO of APDN, stated, "Typically, counterfeits
are distinguished after a very thorough visual check. Organized
efforts to counterfeit metal components can be curtailed easily by the
application of a unique forensic SigNature DNA marker that can even be
used to distinguish between various products."
Aluminum, copper, tin and steel can all be protected with SigNature
DNA and authenticated should there be any doubt as to their
authenticity. The persistence of SigNature DNA markers, even after
attempts to wash or remove it, has already been validated in
laminates, thermal transfer ribbon and a wide range of security inks
and substrates used in secure packaging. SigNature DNA can help
provide quality assurance and quality control without modification to
the existing manufacturing processes or the products themselves.
"The problems will continue to grow as long as metal counterfeits
continue to enter the supply chain unchecked. With the availability of
SigNature DNA marking and authentication, we can immediately help to
resolve many of the concerns over national security and public
safety," continued Dr. Hayward.
52-week high
My recent pick - APDN.OB - is one that I've done extensively more
research compared to many of my past picks!
That's because I am absolutely determined to ensure a winner in which
early investors could enter with confidence and exit with comfortable
profits.
In order to achieve this, I felt the downside risk must be minimized by:
(1) good foundation of potential investors providing bid support
looking for less expensive stock
(2) likely current shareholder belief that the stock will continue its
uptrend - which could decrease sell pressure
(3) the fundamental and technical prospects must be abundant enough to
potentially achieve a share price that is a double from current
levels.
LATEST NEWS ON ADPN - Can Protect Metal-Based Products From Counterfeiting
STONY BROOK, NY--(Marketwire - September 3, 2009) - Applied DNA
Sciences, Inc. (OTCBB: APDN), a provider of DNA-based security
solutions, announced that it has successfully incorporated its
proprietary SigNatureŽ DNA markers onto the surfaces of intact metal,
with the potential to assign unique DNA sequences for each metal
application. Counterfeit metal materials have been detected in
everyday building and construction materials, electronic components,
after-market car parts, public rail and bus transportation materials,
packaging and components used in military and commercial aircraft.
According to Robert P. Ernst (Naval Air Systems Command's Aging
Aircraft Program), "As many as 15% of all spare and replacement
microchips the Pentagon buys are counterfeit...We are having field
failures regularly within our weapons systems -- and in almost every
weapon system." (Business Week, October 2008). In May 2009, the U.S.
Department of Commerce issued a Report on Counterfeits indicating that
total counterfeit incidents increased from 3,868 (2005) to 9,356
(2008), representing an increase of over 200%. Of the counterfeit
products surveyed in 2008, 5,267 of these products were "used product
re-marked as higher grade" microcircuits.
Dr. James A. Hayward, CEO of APDN, stated, "Typically, counterfeits
are distinguished after a very thorough visual check. Organized
efforts to counterfeit metal components can be curtailed easily by the
application of a unique forensic SigNature DNA marker that can even be
used to distinguish between various products."
Aluminum, copper, tin and steel can all be protected with SigNature
DNA and authenticated should there be any doubt as to their
authenticity. The persistence of SigNature DNA markers, even after
attempts to wash or remove it, has already been validated in
laminates, thermal transfer ribbon and a wide range of security inks
and substrates used in secure packaging. SigNature DNA can help
provide quality assurance and quality control without modification to
the existing manufacturing processes or the products themselves.
"The problems will continue to grow as long as metal counterfeits
continue to enter the supply chain unchecked. With the availability of
SigNature DNA marking and authentication, we can immediately help to
resolve many of the concerns over national security and public
safety," continued Dr. Hayward.