DNDN Stock Price
The more and more I think about it, the more and more I believe DNDN should not be trading below 15 today.
I have stated 8 as very very low conservative number, only because I know the shorts (that were manipulating the stock) will not give up without fighting to cover at something lower. But the more I think about the vote and positives surrounding this company, the stock should in the 20s. (I say 15 because 2 firms already came out w/a 20 price target, so that pretty much capped us today.)
The FDA will approve.
And the reason I say manipulated is because that is what it is. Case in point. UBS today reiterated a down grade, and a traget price of 3. They also stated the FDA will issue an Approvable Letter. CAN YOU BELIEVE THESE TOOLS?!?!
The vote was too much in favor toward Provenge, and the more I see it decline the more I want to buy it. (And I think I will get my chance.)
Too many people did not do their HW, still, on this story. And they are overlooking its potential.