The following is only my opinion:
We have had a massive news vacuum and lingering painful wait for the Nasdaq listing.
Suddenly Dendreon has a bad day - I concur with another poster that the after hours crash in Dendreon is either a contrivance to induce panic OR a severe over-reaction to Dendreon's report of a reduction in predicted sales.
Remember that this is Dendreon we are talking about and not Prima which I believe has a far more efficacious treatment for ovarian cancer than Provenge is for prostate cancer.
Now we are witnessing a typical panic selloff +/- trailing stops being triggered.
The fundamentals have not changed. I bought this stock on the fundamentals.
I have loaded up bigtime today after selling other more spec stocks and am happy to wait for Prima to bring cVac to commercialisation.
There may well be a further drop in the Sp, people, but guess what - no-one's going to ring a bell when it hits bottom before an upturn. So I got in now while the going was good - IMHO only of course!
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M |
Open | High | Low | Value | Volume |
32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 53192 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 41048 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 51196 | 0.295 |
9 | 230902 | 0.290 |
5 | 74631 | 0.285 |
22 | 480847 | 0.280 |
4 | 114783 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 41048 | 1 |
0.310 | 25000 | 2 |
0.315 | 10525 | 1 |
0.320 | 76654 | 4 |
0.325 | 30000 | 1 |
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