Dndn - Rip !

[Vespasian]

This one should have really done some damage to day traders today.

OUCH


Be honest who got blown out ?

 

[MrDODGE]

It is going to soar once it opens. News release is positive.

 

[paysense]

I got burned by this one in 2007 with a moderate position. Never again.p$

 

[Clubber Lang]

Quote from Vespasian:

This one should have really done some damage to day traders today.

OUCH


Be honest who got blown out ?

More like "who made serious cash"?

 

[MohdSalleh]

Yes i just destroyed a hedge fund in DNDN

 

[traderyin]

what's the news that got the stock down 50% before halting?

 

[RobtF]

Quote from MrDODGE:

It is going to soar once it opens. News release is positive.

What happened - why did it tank so much if news was positive?

 

[MrDODGE]

Quote from RobtF:

What happened - why did it tank so much if news was positive?

Manipulation

 

[CET]

Quote from traderyin:

what's the news that got the stock down 50% before halting?

The stock dumped prior to the halt and prior to the data release. It appears it was just shorts hammering it down before the expected halt. These type stocks are lottery tickets, not investments.

 

[stevegee58]

NASDAQ Reviewing Dendreon Trading Ahead of Halt (DNDN)

Apparently there was some suspicion that the transactions prior to the halt were erroneous. Apparently the were not.