Replies to post #546631 on Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

DNDN- Massive Short Squeeze, Bear Trap and Institutional Ripoff ALL IN ONE ! Booyah! Would like to really see how Nuss 'played it'- Bet he got plowed under like a momo...

Dendreon: How You Should Have Played It
Posted on May 9th, 2007 with stocks: DNDN

roger nusbaumRoger Nusbaum submits: You probably remember the old AC/DC song Dendreon, done dirt cheap.

The stock is getting crushed from a speed bump (or worse?) for its Provenge drug.

This is constructive from a learning standpoint. The stock went up a ton when there was a recommendation from some sort of FDA panel. Similar to takeover news (real or otherwise): That approval was going to be the vast majority of the move higher for an extended time period, meaning there was way more risk than reward for the short term.

I tend to be a seller on a huge move higher driven by a news item.

Longer term, their could have been more reward potential for Dendreon Corp. (DNDN), but I don't think in the short run.

If you own Dendreon, sympathies. But if you don't, be wary, because this sort of thing repeats over and over with story stocks.

Dendreon 09 05 2007

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<<<Dec 6 2006 Owned 219,683 shares
April 2 2007 Sold 202,090 shares>>

we knew ceo of DNDN sold shares on the recent rally , but if those numbers are accurate, that would have been a SELL signal.
However, those numbers are suspect imho... that's way too few shares he would own.