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scmfinance

12/03/12 1:04 PM

#10175 RE: scmfinance #10174


Well, looks like all isn't as rosy as when I woke up this morning. Jeffries Group reiterated their underperform rating and the stock has taken a swing: http://www.dailypolitical.com/finance/stock-market/jefferies-group-reaffirms-underperform-rating-on-dendreon-dndn.htm

I'm slightly skeptical of the timing given the number of shares short and the fact that the stock has appeared to be making a reversal. But it is what it is and I guess we'll see what happens going forward.