Could someone explain to me why all of these material transactions are occuring now, prior to results and that these firms are accumulating in chunks of 5% of the float?
It certainly looks like results have leaked unless if all of these firms spend millions on a gamble.
a) Why would Bam Capital LLC increase their position by 111% by buying 5,098,945 shares of DNDN bringing their total close to 10 million shares or 10.3% of the float? Is this normal?
b) Why would Capital Ventures purchase 8,000,000 shares of DNDN for 7.6% of float? Is this normal?
c) Why would Visium Asset Management LP purchase 5,429,810 shares of DNDN 5.6% of float? Is this normal?
d) Why has Barclays Global purchased 2,140,598 shares of DNDN or 2.21% and, Barclays Global Fund Advisors purchase another 3,198,101 shares or 3.30%, totaling 5.51%? Is this normal?
e) Why has Morgan Stanely purchased 3,161,592 shares of DNDN or 3.2% of float? Is this normal?
f) Why has UBS added 18% more to its position bringing its total to 6,571,816 or 6.70% of float? Is this normal?
g) Why has Vanguard added 1,321,177 shares recently?
h) Why has Jesaga Advisors purchased a huge position of 930,200 shares of DNDN for its 1st transaction?
i) Why has Shaw DE & Co opened up with a new position of 620,714 shares of DNDN, a large number for the first transaction?
The dilemma of life.
Life is short, and then we die.
<If they are buying from the company why are the retail investors even in this thing. All these buys and no upside in price but when they start to sell the price caves. You cant win. -digiroom85>
It is a rotation from weak hands into strong hands. Retail is following Ascroft, Institutions are following DNDN clinical trial results.
Ascroft works for Beannie whom makes a market to keep DNDN share price low until friends and company have loaded up.
For those whom want to confirm these transactions, there are two ways:
a) Google - securities exchange commission and search for company filiers. Put symbol DNDN and verify the current forms SC 13G and SC 13G/A
b) Go to www.mffais.com
Then compare the current information with the info posted on yahoo as to holdings in September 2008. All holdings at that time showed an average of 1% or less.
Now average looks to be in the 5% to 10% range.
Price is going nowhere due to possible manipulation by Beanie. Eventually he will have to cave in.
TELL ME, IS THIS NORMAL?
And why do I hold 800 shares of DNDN? Is this normal, putting $3000 in a high risk investment which could go to $1 per share or $20 per share. I wanted to sell today because of the doomsday sayers, but when I read Denderon's Annual Report for 2007, I was reminded why Provenge may succeed. It extents quality of life for patients who desire to be with their family and friends. Whether it is one extra day or five extra years, the end result is precious moments that are priceless.