Dndn?

I did it as soon as I read this note, but I was a bit slow on the trigger so didn't get the best price.

I bought PUTS.

By the time I could even FIND the $17.50 strike, the price was already down to $15.50 (all the shown strikes were from $2.50 to $10:eek: )

I got in at $2 even.

Passed the chance to sell at $12.00 because I was greedy, and from there it just wouldn't leave $13.

I closed at $2.85 just before the bell when it started to dip again. This was too iffy to carry through the weekend.

Wish I bought more than a few lots, but I'm glad I got in, several of my other stocks were red today, so having this was a nice save:).

Thanks for the tip. :D
 
Quote from flytiger:

again, it is a naked shorted stock. See reg SHO. All these offshores are now underwater, and the Prime Brokers, under tremendous scruitny, are going to have to call in the debits.

In Pennies, they will come in and defend. When the buying is done, or even ebbs, they will sit on the offers and try to cover. I'm watching one of those now that's doubled in two days. But in one like DNDN, they will not be able to kill it.

There are many others with good cancer results they don't let move, like DCTH, and CVM. I own neither, just pointing out what heartless bastards they are.

DNDN is a nightmare on the street now. Since the SEC or DTCC will not release the number of fails, it could run into the hundreds of millions of shares. Where's that take you?
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lol, they sold more to the lemmings and made a killing. Naked Shorts 1, Public 0
 
Quote from ByLoSellHi:

Read the news carefully.

FDA said their treatment was safe, not effective. One study does say it adds 4.5 months of life expectancy.

Be careful. I'm not saying it won't skyrocket, but you better be careful.
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4.5 months is huge in refractory, advanced cancer. 2 months would be cause for approval.

I was long the 5/7 bull spread. Got unceasing sh#t from my colleagues for spreading and not buying the 10C outright. Was long stock from $4.60 as well.
 
Quote from ByLoSellHi:

Serious question -

Did anyone but this in premarket trading, and if so, for how much?
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I had several gtc orders from wednesday but as it was halted rec'c zero fills so I trades calls and puts today.
unbelievable amount of money was given away writting
april 1750 call
may 1750 call may puts 7.50,10,1250
now just waiting for next wk's adjust to reap profits

w
 
Quote from stock777:

lol, they sold more to the lemmings and made a killing. Naked Shorts 1, Public 0
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Stocks been on seven days., fails from 13 days before that; What would be their average short price????

http://stockcharts.com/charts/gallery.html?dndn

57 DNDN 7 13.000 7.780 92,243,735 2007-03-30 16:25:43 Seven days as of yesterday it's been on, per buyins.net. I don't think those accounts look really good.
 
DNDN was on a short list from 7 days ago? OMG... you'd better start buying their list recommendations long for a nice killing, that list isn't doing you any favors.

Imagine shorting this one from $4 and right now it's just under $13, how long can you afford to play the market losing $$ at that rate? :confused:
 
The only hedge fund who owned it in any large numbers ( $1 million I think) according to visit to SEC.gov is Moore Capital.

DENDREON CORP COM STK COMMON STOCK 24823Q107 1251 300000 SH

You won't find anyone with any else unless they came in between Feb.14 and March 28.2007.

Looks like that little leak of words from the FDA earlier in the week sent some people jumping on it.
 
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