Dendreon Corp (NASDAQ:DNDN)
A biotechnology company focused on the discovery, development and commercialization of novel therapeutics that harness the immune system to fight cancer.
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LAWSUIT WILL CAUSE PROVENGE TO BE APPROVED BY FDA AND STOCK WILL SOAR
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Provenge will be approved by the FDA.
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Good growth.
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Play it right...yes, you heard me right, "Play", not "Invest" when it comes to this DNDN strong comer. Are all of us traders qualified to technically comment on the medical performance of this company's Provenge clinical results? Of course not! But we surely can read them and act accordingly. A smart thing to do is to protect your long position with a "medium length" long Put position (also called a protective put). Use your techinacl analysis interpretations to determine your entry position and timing.
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FS = 22
Gamma = .37
Fundamentals bad, price overvalued.
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Its a gamble but hey if congress is starting a probe cause everyone is complaining cause they want the drug ok'ed then this might give us a nice run and we should try and make some money on it
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I'm betting on FDA approval for Provenge once the efficacy phase is completed. I also like the small molecules and molecular antibodies in the distant pipeline as well as the breast/ovarian/colon cancer immunotherapy product.
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Just wait for the spike and BAM!
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medical companys... gotta love the volatility!
i think there prostate cancer project will go through and go to around 14 a share.
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slow drift down until new drug is approved.
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Tick, tick, tick
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unique biotech
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If provenge is approved this will be a big winner, if not then it will underperform for a long time. I like the risk reward.
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fast money 'Pete Najarian likes Dendreon (DNDN) on recent options activity."
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once the trials are complete, the name will attract investors. this new direction in pharmacuticles will yeild a new boon.
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The recent news release will boost the shares.
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FDA loses.................
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The ultimate placebo. Sugar tablets have never been so high-tech.
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Looks like a good long term. So cheap, doesn't really matter.
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A non-profit, Ohio based, patient advocacy group, "Care to Live" is sueing the FDA over stonewalling the approval of the prostate cancer drug, Provenge. Care to Live intends to prove the FDA's motives are a political ploy, among other things. See more at: http://seattletimes.nwsource.com/html/businesstechnology/2003813806_dendreon31.html
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