Fingers crossed isplicer. It was Dendreons tumble that caused PRRs sp crumble after the spp. Dendreon(DNDN) now seems on the way to recovery and hopefully that will translate into a very nice positive for PRR.
In spite of outperforming 4th quarter expectations the Dendreon CEO is toning down its rhetoric and cautiously predicting modest growth for 2012. This is the strategy they should have used from the beginning and they would not have been hit so hard. The market rewards out-performers but smashes under-performers.
What will be interesting is our market reaction to this news. Will the bad o/n markets negate the positive or will PRR start a serious uptrend? We will soon find out lol.
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