Wednesday, May 09, 2007 9:44:17 AM
It's financial insanity that so many Dendreonites..
Who knows what the vast majority did. I know that I am up $150k on this, and that's discounting my few remaining shares and leaps.
In case you guys miss the point, this was a $4 stock that is now at $7. Over the winter I heard Dew argue quite well the case against aproval, and never had a real issue with that. I personally had the odds somewhat better than him, but that's minor. What I did think was the stock had great upside to little downside. Well, we now have the "downside" and that turned out to be a 50% gain from where it was.
People arguing before the AC that approval was a lock were of course hopelessly optimistic (though after the AC, with Whitten/Gooden changing the question I thought it was very probably that the CMC issues would be all that could hurt). I'll ignore all the good/evil and conspiracy stuff.
If this was financial insanity, making over 100% profit, then I'll just keep doing it
Who knows what the vast majority did. I know that I am up $150k on this, and that's discounting my few remaining shares and leaps.
In case you guys miss the point, this was a $4 stock that is now at $7. Over the winter I heard Dew argue quite well the case against aproval, and never had a real issue with that. I personally had the odds somewhat better than him, but that's minor. What I did think was the stock had great upside to little downside. Well, we now have the "downside" and that turned out to be a 50% gain from where it was.
People arguing before the AC that approval was a lock were of course hopelessly optimistic (though after the AC, with Whitten/Gooden changing the question I thought it was very probably that the CMC issues would be all that could hurt). I'll ignore all the good/evil and conspiracy stuff.
If this was financial insanity, making over 100% profit, then I'll just keep doing it
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