3SOF

Just bought the 2nd half of my intended position @ $.0163.  Trying to remain cool, despite the stock continuing to drop. 

I am anticipating some buyer interest during and after tomorrow's presentation at the New York Society of Security Analysts Medical Services Industry Conference.

http://biz.yahoo.com/pz/050912/85748.html

DNAPrint genomics to Present at New York Society of Security Analysts Medical Services Industry Conference
Monday September 12, 10:44 am ET


SARASOTA, Fla., Sept. 12, 2005 (PRIMEZONE) -- DNAPrint(TM) genomics, Inc. (OTC BB:DNAG.OB - News) announced today that president and chief executive officer Richard Gabriel will be presenting at the Medical Services Industry Conference sponsored by The New York Society of Security Analysts (NYSSA) on Wednesday, September 21, at The Harvard Club, 27 W. 44th St., in New York City, at 3:10 p.m. Eastern time.
Mr. Gabriel will provide an overview of DNAPrint genomics and its recent activities in the area of pharmacogenomics. Specifically, Mr. Gabriel's presentation will focus on how the company utilizes recent genomics and chemistry advances to develop next-generation drugs (``theranostics'') maximizing efficacy and minimizing side effects by tailoring medications for specific individuals

This is like the best OTC stock you can buy along with BLYC.ob

I think someone is shorting this stock every day or a group of people are doing it. How do you stop it?

Ive seen stuff like this happen. No bad news on the stock is out. You just got people shorting it. I hate those people that do that. That's when you have no brains to pick a stock, you gotta make money the easy way.

Someone should email DNAG and let them know about it, and ask what they can do to investgate it.

This stock is on the Nasdaq short list every single day.

I've been holding on to this stock for the longest time. It cost me an average of 0.22 before the 20 to 1 split. since then its been going downhill. I am a believer in this product and also in the success of the company. But i also believe that there are some people who are shorting this stock on a daily basic. My investment is worth no more than a couple hundred dollars today. I would like to know if we can do something such as contacting the company or something to inform them of the situation and our dissatisfaction.

Good luck to all.

-digitx

What has compounded the problem, is that the company continues to sell shares to raise capital.

However, the price to book value is now 1.2 to 1, since book value is $0.015, according to Yahoo!Finance.

I'm holding at least until the end of the week.  You never know, $.0161 may end up being a 52-week low. 

Anyone has any info about this monster. I really need to see if others aree suffering tha same thing as me. This stock is going down and down and down with no break insight. I appreciate any help or info.

TIA

Digi, Ive been accumalating shares the rsi stands at 15.  Any kind of good PR or buying interest will get this stock going it is way oversold.  The break will be coming soon!  And when it does hold on to your hats. 

Quote from: higherstocks on September 27, 2005, 01:19:53 AM
Digi, Ive been accumalating shares the rsi stands at 15.  Any kind of good PR or buying interest will get this stock going it is way oversold.  The break will be coming soon!  And when it does hold on to your hats. 

Thank you Higherstocks. You always make me feel at ease after a long stress with my little stocks. I hope this thing will fly soon.

Thank you again.

DNAG begins a radio advertising campaign and looks to be increasing PR.  I take it this is an AM news station.  Maybe the 52-week low has already been reached at $.0125 the other day.  Yesterday, it looks like it bounced a little.

DNAPrint genomics Launches Radio Advertising Campaign for ANCESTRYbyDNA on 1010 WINS, a Popular All-News Media Outlet in New York City
Thursday September 29, 7:00 am ET


SARASOTA, Fla., Sept. 29, 2005 (PRIMEZONE) -- DNAPrint(tm) genomics, Inc. (OTC BB:DNAG.OB - News) today announced that it has launched a radio advertising campaign for its ANCESTRYbyDNA(tm) consumer product with 60-second spots being broadcast by 1010 WINS, a popular all news station serving the New York City Metropolitan area.
``With the growing popularity for family ancestry research, DNAPrint genomics is taking its message to consumers through a well-known mass-market media outlet,'' stated President and Chief Executive Officer Richard Gabriel. ``Our ANCESTRYbyDNA genome-based test that determines genetic heritage is an excellent tool for individuals or groups interested in learning about their ancestry and lineage.''

The advertising spots are being aired by 1010 WINS at various times throughout the day

Starting to really move. 

I don't know what to make of this.  Is this setting up for a nice upward move?  I don't know, but I will continue to hold. 

Any thoughts would be appreciated.

As I mentioned earlier, I have been holding this stock for months. Higherstocks and I believe that this is a gem. So hold on. That is the best advice i can give right now.

Two up days an increasing RSI is a good sign.  We need this to move across 30 and it will attract alot of buyers.  If we do indeed have another up day tommorrow which moves through RSI 30 it should explode.  What happens is when it crosses 30 it hits alot of scans and you get alot buying pressure.  Lets see if this will happen with DNAG.

Quote from: higherstocks on September 29, 2005, 11:38:32 PM
Two up days an increasing RSI is a good sign.  We need this to move across 30 and it will attract alot of buyers.  If we do indeed have another up day tommorrow which moves through RSI 30 it should explode.  What happens is when it crosses 30 it hits alot of scans and you get alot buying pressure.  Lets see if this will happen with DNAG.

Hi Higherstocks,

Can you please post a chart here to see RSI 30. I am new to technical analysis and would like some explanation. Please post if you have the time.

TIA

Relative Strength Index (RSI) is an extremely useful and popular momentum oscillator. The RSI compares the magnitude of a stock's recent gains to the magnitude of its recent losses and turns that information into a number that ranges from 0 to 100. It takes a single parameter, the number of time periods to use in the calculation. In his book, Wilder recommends using 14 periods.

The RSI's full name is actually rather unfortunate as it is easily confused with other forms of Relative Strength analysis such as John Murphy's "Relative Strength" charts and IBD's "Relative Strength" rankings. Most other kinds of "Relative Strength" stuff involve using more than one stock in the calculation. Like most true indicators, the RSI only needs one stock to be computed. In order to avoid confusion, many people avoid using the RSI's full name and just call it "the RSI."


Calculation










To simplify the formula, the RSI has been broken down into its basic components which are the Average Gain, the Average Loss, the First RS, and the subsequent Smoothed RS's.

For a 14-period RSI, the Average Gain equals the sum total all gains divided by 14. Even if there are only 5 gains (losses), the total of those 5 gains (losses) is divided by the total number of RSI periods in the calculation (14 in this case). The Average Loss is computed in a similar manner.

Calculation of the First RS value is straightforward: divide the Average Gain by the Average Loss. All subsequent RS calculations use the previous period's Average Gain and Average Loss for smoothing purposes. See the "Smoothed RS" formula above for details. The table below illustrates the formula in action.



(Click here for an Excel spreadsheet with this example in it.)

Here's how lines 14 and 15 were calculated:



Note: It is important to remember that the Average Gain and Average Loss are not true averages! Instead of dividing by the number of gaining (losing) periods, total gains (losses) are always divided by the specified number of time periods - 14 in this case.

When the Average Gain is greater than the Average Loss, the RSI rises because RS will be greater than 1. Conversely, when the average loss is greater than the average gain, the RSI declines because RS will be less than 1. The last part of the formula ensures that the indicator oscillates between 0 and 100. Note: If the Average Loss ever becomes zero, RSI becomes 100 by definition.

Important Note: The more data points that are used to calculate the RSI, the more accurate the results. The smoothing factor is a continuous calculation that - in theory - takes into account all of the closing values in the data set. If you start an RSI calculation in the middle of an existing data set, your values will only approximate the true RSI value. SharpCharts uses at least 250 data points prior to the starting date of any chart (assuming that much data exists) when calculating its RSI values. To duplicate its RSI number, you'll need to use at least that much data also.


Use


Overbought/Oversold
Wilder recommended using 70 and 30 and overbought and oversold levels respectively. Generally, if the RSI rises above 30 it is considered bullish for the underlying stock. Conversely, if the RSI falls below 70, it is a bearish signal. Some traders identify the long-term trend and then use extreme readings for entry points. If the long-term trend is bullish, then oversold readings could mark potential entry points.

Divergences
Buy and sell signals can also be generated by looking for positive and negative divergences between the RSI and the underlying stock. For example, consider a falling stock whose RSI rises from a low point of (for example) 15 back up to say, 55. Because of how the RSI is constructed, the underlying stock will often reverse its direction soon after such a divergence. As in that example, divergences that occur after an overbought or oversold reading usually provide more reliable signals.

Centerline Crossover
The centerline for RSI is 50. Readings above and below can give the indicator a bullish or bearish tilt. On the whole, a reading above 50 indicates that average gains are higher than average losses and a reading below 50 indicates that losses are winning the battle. Some traders look for a move above 50 to confirm bullish signals or a move below 50 to confirm bearish signals.

Example





The DELL example shows a number of extreme readings as well as a negative divergence. In Oct-99, RSI reached oversold for a brief moment to mark the low around 38. The next extreme reading (overbought) occurred after a large advance that peaked in Dec-99. RSI reached overbought levels in late Dec-99 and moved below 50 by the second week of Jan-00. The next oversold reading occurred in Feb. for another brief moment and marked the low around 35. By the end of Feb-00, RSI moved back above 50 and into overbought territory in March. A negative divergence formed in March and marked the high in the upper fifties.

Thank you Higherstocks. Very informative. However I can't see the charts or formulas if there are any. But overall i get the point.

Thank you again.

PS. Now I can see them at the bottm. Thank you.