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Re: DavidW2 post# 377967

Sunday, 05/16/2021 9:43:14 PM

Sunday, May 16, 2021 9:43:14 PM

Post# of 705408
I know there are many other ways to win at biotechs, and I know they have different patterns, but for those that like patterns....my recollection is that Dendreon was hanging down around $1-1.50, then results propelled it to like $20 before pulling back to the teens. There was a stop loss steal just before news struck about TLD. Then came approval which shot us to $50+, landed at the twenties for a spell and slowly worked its way into a hole.

They had a weak process.
They needed to lymphopheresis 13 separate times.
They couldn’t make money at $250k.
$250k was once a lot of money for a drug.
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