Biotech Values

[exwannabe]

Therefore he thought Dendreon might be a buy in the 8.00's

Can anybody run a model where this makes any sense?

They are not even close to going green. In the last Q the gross profit was about 10% of overhead (and that does not count the restructuring).

So what happens in 3 Qs when they are out of cash again, and nobody has any love?

Your doc can keep trying to start his stalled car on the railroad crossing, but I would be out before the train hits.