Anyone have an opinion on Dendreon Corp?

[Shea]

DNDN..I picked up a tip off this board last fall and bought 250 shares. Price is down a couple bucks a share. They are waiting FDA on a cancer fighting drug, I was thinking of buying another 250 shares but wanted to get a second opinion here. Thanks!

 

[Shea]

Stock moving up!

 

[Shea]

Take a look at this stock...They are waiting approval of a prostrate cancer drug PROVENGE currently with the FDA. The filing was a couple months ago and a decision is expected in early 2007. The head guy at the FDA suffered prostate cancer himself a few years ago so this drug may be of special interest to him. The Rx is a gambling site and this stock should be viewed as such so do your own DD. Investors village has a chat room devoted to this stock and in my opinion this could be a very nice investment when approved.
I'm in with approx. 1200 shares at an average of $4.46 so my life saving is not here..but I really like this stock. Take a look and any feedback is welcomed.

 

[Shea]

Good news announced this morning, I expect the stock to show some positive gains in the next day or so with the big gains in the next 6-mos when Provenge gets the anticipated FDA approval. Investorvillage has a board for this stock.

 

[Shea]

Boing!!!

 

[TheFalls]

It hit!

It looks like you should have tripled up!!!!!!!!!!!!!!!!!!!!

10 gs

 

[TheKinz]

nice call..way to be smart patient..

 

[8ate]

may wanta take a look at scln..>> up 10% today; proably in sympathy; >>> it also is has an immune enhancer . Zadoxin, which is finishing phase 2 trials in usa; and actually has been making a profit with sales in china and other countries where med is already approved..

gl

:smoking:

 

[Dawoofdaddy]

Very nice hit Shea.

:money8:

 

[Shea]

Thanks Guys! This stock went before a panel review this week and received a thumbs up from the 17 panel members including 17-0 vote for safety issues, thus the rise. This stock has yet to be approved by the FDA which is to vote on or before May 19th (I think thats the date). From what I gather the FDA more often than not goes with the panel decision so I'm fully expecting full approval at that time. I would not be surprised to see some dips in the share price over the next several days as there is a hugh short interest in the stock. I've sold some of my holdings in the 15's but will not hesitate to buy again on dips in the 10 dollar range as I think we will see 20 plus on the anticipated FDA approval. This is, of course, only MHO so do your own DD. Good luck with all your investments!

 

[Shea]

Stock is flying today! Up over 10% at noon!

 

[Shea]

$24.00 and climbing! Hell yeah!

 

[groundhog11]

great hit shea.... I almost pulled the trigger on dndn at 15 but I thought it might pull back slightly....guess i missed the jump......does anyone have any info on scln? looks like 8ate possibly picked a good one....

 

[Wrigley]

Nice hit shea !!

 

[Wrigley]

wrong thread for this one

 

[Shea]

OUCH! DNDN Closed down today just over 18 bucks! Not pretty but the science has not changed and I still feel the company has a great shot at FDA approval in the coming weeks. The company is heavily shorted (some estimate
25+million) and I look for a very volatile week. I recently sold a small portion in the 15 teens and wish now that I hadn't and will add should the stock get there again. The FDA will reach a decision sometime between now and the
15th of May and I believe this stock will trade in the 40's upon approval. If anyone is interested in hearing more, InvestorsVillage has a board of others invested in this stock. This is all MHO and I welcome any feedback. Good Luck with your stock Picks!

 

[Hitman26]

I may have to nibble on some of this one myself. I read somewhere that if it gets full approval, it could triple up from here within the next 3 years or so.

 

[groundhog11]

im hoping for a dip then i might have to buy in also.....

 

[The_Man]

we made a couple dimes off this gem

 

[kobefan08]

came across this....

CEO of Dendeon Sold 202,090 shares, he's not confident about Dendreon!
Written by jack leeron
Apr 21, 2007 -- /prbuzz/ -- On April 2, 2007. The CEO of Dendreon Corporation sold 202,090 shares of his own company for $2,720,131 million dollars.

Why is he making this move? I think It usually is a sign that he's not confident that the FDA will approve the drug Provenge on May 15th. He's getting out fast. If a CEO of his own company selling more of his shares in the company and not acquiring more, it is a sign that tells me, he knows more anything else. Because of this information, I've bought so much Put options on this stock based on the lack of confidence of Mr. Mitchelle Gold.

Mr. Mitchelle Gold sold 202,090 shares of his own company because he knows that there isn't success with his company. He's pulling out fast. Take a look at the rock solid prove below.

Operating Margin: -35167.03%

Management Effectiveness:
Return on Assets: -30.55%
Return on Equity: -62.25%

what do you guys think?