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gi197845

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gi197845

Re: None

Tuesday, 07/04/2017 12:43:04 PM

Tuesday, July 04, 2017 12:43:04 PM

Post# of 785
Has anyone ever heard of the Dendreon effect? DNDN, filed for bankruptcy in November 2014 after having already received FDA approval for their prostate cancer drug, Provenge in April 2010.

Also, there was a Bear Raid on April 28, 2009, when DNDN stock plunged from $24.50 to $7.50 in 75 seconds. FINRA let the trades stand and the SEC did nothing until Senator Chuck Grassley went to the SEC's Office of the Inspector General and demanded answers and got the run around...

Investing in biotechs appears to be similar to gambling.

Shorting, Dilution, Reverse Splits, Market Makers Manipulation, Loan-Shark-Style-Financing, Bear Raids, The Dendreon efffect, Corrupted FDA, Martin Shkreli, Black Swan Events and Non-Audited Financial Reporting.
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