Remember how I said a few days ago to expect some big news from Applied DNA? The chart had just perked up too much to assume nothing was going on. Well, today we learned what that ‘something’ was. What was the news? We’ll get to it below. For I now just want to plant a seed.
There are two basic types of news releases I’ve seen…over-hyped, and under-hyped. I put today’s news in the latter category; the announcement was very encouraging, but I don’t think it even scratches the surface of what it could really mean for the company and its investors.
After that, we’ve got yet another ‘first down’ for Spicy Pickle. (You didn’t think I’d pass up a football reference less than 24 hours after the Super Bowl, did you?). Let’s just call this news more of the same, which is exactly what we want to see if the company is on a roll.