DNDN drug for prostate cancer

[BigDawg291]

I bought in earlier today @ 4.92 after seeing the CNBC piece on their drug for prostate cancer they are trying to get approved tomorrow. DNDN will not be traded all day tomorrow.

Here is an article about it. http://www.cnbc.com/id/17816229/for/cnbc/

[mlegha1]

There are a lot of shorts in this stock as well,if the news is good tomorrow there will be a short squeeze.But if the news is bad short the hell out of it!

[BigDawg291]

Yeah I am aware of that, which is another reason I got in. If there is good news, this thing will rocket upward. If it is bad news, I will get out quickly as possible and short if I can get some to short. I might not even hold it through the close today if it really gains a bunch before the close.

[mlegha1]

Are you still holding it?Things don't look so promising according to this article I hope it works out for you!

http://money.cnn.com/2007/03/28/news/companies/dendreon/index.htm

[BigDawg291]

I do still have it, which could be a big mistake, but it is not a big part of my holdings. It is 8% of my portfolio so as long as I can get out without too much hit, I will be okay. I have even thought about selling after-hours, especially after Cramer just gave it a triple sell. If it gets hammered, maybe I can get in short after I sell and make some money back.

[mlegha1]

Cramer gave a sell where?

[BigDawg291]

At the very end of the show on the Sudden Death part, someone called in and he said sell it because it was a bunch of hype.

[BigDawg291]

Some new news just out:

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com: 20070329:MTFH39981_2007-03-29_19-57-04_WBT006740&type=comktNews&rpc=44

[BigDawg291]

I think my 8% might become a bigger part of my portfolio. :D :mrgreen:

[spanky]

DANG!

I was about to pull the trigger on this yesterday, but didn't.

Maybe I need to be like George Costanza and start doing exactly the opposite of what I would normally do. Maybe then I would start making money instead of pissing it away.

[mlegha1]

Congrats!!
Looks like shorts will be covering it hand over fist...It might actually win me the weekly contest.

[Jazen]

Good call dude, got some stones.

[spanky]

Congrats to anyone holding this at the end of wednesday!

I just saw that it's up 250% in the pre-market trading. WOW

[kingfisher]

Congrats melgha1 DNDN up 190% at open this morning. That should take the weekly challange with ease.

[soundlanguage]

I think my 8% might become a bigger part of my portfolio. :D :mrgreen:

Congrats BG291, that's a beautiful blow out.



Man, you only need a 20 or so of these a year to equal the equivalant of 52 weeks of slow gains! Let the CMM crew know when you have a "hunch" about another huh? :lol:

[BigDawg291]

Well guys, thanks for all of the kudos. I basically took a chance and it paid off. I wish now that I had put even more in it. This does not happen often to say the least, but it is awesome when it does.

If I ever have another hunch like this, I will let you all know again. But don't expect this to happen very many times.

[Svenwulf]

wowowowowowowow 8O

congrats mr moneymaker bigdawg.

its a pretty good game sometimes, eh?

[Vitoon]

WoWWWW...

16.15 and climbing... congrats to all that have bought this... Iback up the truck and loaded on this one... got in at $4.67. keep an eye on CEGE too.
STEM, ASTM also look promising