Gee what a crazy morning fuelled by panic driven sellers.
OK the news from the US isn't great regarding Dendreon's Provenge sales issues but CVac is years away from getting to that stage. I am sure this will all be forgotten about within a week or so and Dendereon's share price will recover as investors realise the value long term.
Thats why people invested in PRR at 0.005 and 10C and 20C and even 42C.
Its long term. That's why a lot of us haven't sold at very tempting prices.
The fundamentals have not changed, if anything it has enlightened management to the potential pitfalls ahead on the road to commercialisation of CVac. This will be of benefit going forward.
Expect Dendreon to bounce back tonight and Prima to follow tomorrow.
Long termers needn't worry.
Good luck.
Dakook
oversold on panic!
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31.0¢ |
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Mkt cap ! $450.3M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 10 | 226373 | 30.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 40135 | 2 |
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