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Dendreon Corporation Message Board

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  • g2nosis g2nosis Jun 30, 2007 3:59 PM Flag

    illegal shorting is getting a little harder!

    Yes, I agree.

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    • ml953636@sbcglobal.net ml953636 Jun 30, 2007 4:11 PM Flag

      The chart shows it recently had the CASTLE FORMATION. IF you look at the 1 year chart you will see the castle!!! This is a good indication that the stock will be taking off again. Get in now while the shares are still cheap!!!!!!

      • 1 Reply to ml953636
      • I don�t too much about chart patterns, but I seen it held down by massive illegal shorting right after 3/29. When you have that much shorted interest the only way for you to limit your losses is by filling the buy orders with a loop hole used to protect the �members� aka banks, hedge funds, and other broker types. It traded more than 100 million shares after the panel vote. Now only 4-6 million volumes after all the talk at the SEC to change the rules. Makes you wonder what will happen next. I think this is such news to scare many into covering next week, and if there is any news that is positive who knows?? Just look at the options the last couple of days. Do you think the big boy know what this means or what? I also warn everyone about the negative spins that also comes with the territory when the powerful need to cover cheap so that they don�t lose their funding.

        JMHO

 
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