Do you remember Imclone? It took years until BP stepped up an bought Imclone. The pps from Imclone went down from $90 to $7 then up again to $90 then down to $25 and then was bought for about $70. What do we learn from this: Be patient.
The technology of DNDN is superiour.
Bashers are trying really hard to press the pps down further but it ain´t easy.
Almost every day there is at least one bashing article on SA or Motley, they must be really scared.
54 Mill shorts have to cover , this won´t be easy.
Expect a short squeeze in the near future.
This is not IMCLONE! The problem with DNDN is they cannot make any money and it is getting worse! The other problem is R&D is too low so don't look for a lot from their pipeline. Check out INCY and SGEN look at their R&D. The 3rd problem is too many outstanding shares so if this goes much lower look for reverse split. Then dilution. Too many problems for me to invest.
I bought DNDN before approval, sold too early in the thirties.
Now I am buying back , of course I don´t bet my house on any stock , just an amount I can afford, and in the worst case loose.
But I think the upside potential is really big from current levels.
To short at this level is not a good idea in my opinion.