The latest NSS-related propaganda—popular among DNDN longs who read the stuff on DeepCapture.com—is that Cougar Biotechnology served as a vehicle for organized crime figures to make money from naked shorting of DNDN. According to this theory, the raison d’etre of Cougar was to manufacture bogus PR’s about a therapy that would potentially compete with Provenge in order to manipulate the share price of DNDN.
Oddly, the write-ups by DeepCapture.com omit the minor detail that JNJ paid a billion dollars to acquire Cougar.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.