Why buy DNDN? The answer is who would. This has been dead money for almost 1 year. Gold and management are more intrested in selling stock options and deluting shareholder value. I owned DNDN several times but there's so many other company's who are more shareholder friendly. Guess that's why there stock has gone up considerable (nflx bidu cmg) while DNDN has steadily gone nowhere to down. wouldn't suprise me if they do another stock offering because they do everytime there's postive news.
Dendreon long term hold no way buy if it's moving up maybe. trade the trend right now the trend is flat, you might get lucky if something major is announced. All good new priced in. Lets see 25 million in earnings this quarter and 5.44 billion in marketcap. Dendreon always over promises and underpreforms will see were we are in a year good luck.
Why buy.... C change drug, large Barrier to entry, 10,000 people will 65 each day for the next 19 years - many of those 10,000 are MEN! Many will need this drug, and last but not least "the Sharks they come a circlin"...that would be BIG PHARMA on a buy out mission .... know what movie that little phrase is from?