Flood this lady. email@example.com
Even if you copy and paste my note FLOOD her
Dear Ms Rightmire,
Lazard Freres a firm that has been shorting Dendreon since the very beginning
put out his article after the close. They are fabricating a story based on what
some options players think. They are able to get out a meesage about Provenge
delays by saying that options traders are betting on that. Not that that is
happening but that options players are betting on that.
When Elliot Favus, a hedge fund manager fabricated a story about some doctors
getting ready for a panel on Provenge the FDA in an unprecedented move came out
and made a public statement about a yet to be approved drug that debunked what
Elliot Favus said.
This is now the time for you, the rest of investor relations, the pr department
and whoever else you need to round up finally defend YOUR company and the rest
of the shareholders. If this is a falsehood you and Dendreon have a FIDUCIARY
responsibility to put out a PR debunking what Lazard is saying in this story.
The story goes against EVERYTHING that has been said in EVERY investors
conference. If the story is true by Lazard you also have a FIDUCIARY
respnsibilty to report on it.
I expect a PR out THIS afternnon. This was the reason for the drop today
apprently. People in the know knew Lazard was coming out with this. In any case,
I need a response from you ASAP because if youre not issuing a PR this
afternoon, I'm finally selling all of my shares for good. For too long dendreon
sits back and watches attack after attack on the pps and does NOTHING about it.
I need a reponse ASAP.
there are "stupid" rumors as you say. talking about supply shortages that dendreon doesnt know anything about would not qualify as a stupid rumor. its a rumor that most companies would make a statement about.
odds are dendreon will do nothing about this because they have shown a pathetic level of passiveness and incompetence since approval. if you ever talk to ms rightmeyer you will understnad what i mean by incompetence.
dendreon should debunk this and probably wont.
Farib, I think they will put out a PR. When there is a story out that goes agaisnt EVERYTHING they have said at investors conferences and someone brings this story to their attention, I believe they have a reponsibility to put out a PR just stating facts.
I don't think Lazard itself has been the culprit behind the slow, grinding, painful slide of the last two months, but I agree it is management's inability to support the stock, provide transparency about the product launch, while selling most of their own personal holdings (see Gold, Mitchell) that has led to smart money exiting. you should write IR and ask them to explain why Gold exited most of his position (was he aware that DNDN would be so opaque going forward regarding how things are progressing that surely the price would go down after approval)