The biggest problem DNA has is the small number percentage wise of shares that are available to the market.To me its a real problem in a few areas - but the upside is when it starts to fly it will be a steep climb. However in the meantime and probably for the remainder of the year i cant see any change.
Its to easy to manipulate which has been the case for some time - especially when there were headlines about China "wont express my view again".
DNA still has not received the coverage that i would expect for a Company with such good FA. "again the China concern was expressed or may have been considered to risky".
The swings and easy manipulation will continue to attract Shorts, and when you consider percentage wise that they are often a big part of the daily turn you can see why the highs n lows are predictable.
Hence its a Trading stock now days for me - I just hope im in the game when the Dealer changes and its a fresh deck.
Puns intended...................
Cheers
DNA Price at posting:
92.5¢ Sentiment: Hold Disclosure: Held
