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Replies to #95006 on Biotech Values
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acgood

04/30/10 1:45 PM

#95009 RE: skitahoe #95006

I don't recall anyone here calling DNDN a scam. Sure plenty of us were not convinced the trials would be successful...same can be said for any p3 trial being discussed here. I am quite sure you are the only one hitting "submit" on trades in your account. As 10nisman said, everyone here is responsible for their own decisions. I don't blame anyone for the fact that I still have a handful of GTCB shares. And I haven't cut Dew a check to thank him for the MNTA I bought at $8.55.
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jessellivermore

04/30/10 2:34 PM

#95012 RE: skitahoe #95006

Dear Gary,

Do you think today is the final chapter in DNDN?

I have been aware of this company for several years. Never have I considered buying any shares. The stockmarket can stay irrational longer than you can solvent. DNDN is merely the latest in a long line of companies whose PPS is not based very firml;y on reality.

DNDN kind of reminds me of Genzyme Tissue Repair..It was a gadget stock where doctors were suppose to harvest cartiledge, shipping it to the company who would grow it in tissue culture, later to returnit to the clinician who would use the regenerated cartiledge in injured knees. TR ran from three and an eighth to 28 and one half...before returning to earth and eventually closing up.

Provenge clinical effect is fairly marginal, and by reports they expect to get a lot per treatment....The insurance industry and the government are probably not going to roll over for this....