if dndn was planning bk..... why would they settle the law suit? obtain eu approval?... coordinate eu mfg??.. why would they not squelch bloombergs take over if there wasn't a grain of truth...??... any more tea leaves to sift thru????
They still have to make it look as if they are doing something, no? This is as close to sitting on ones hands as you can. This can go either way. Based on early discussions about JJ wrath, the company doesn't, shed 18% of its sales staff for no reason, He is a baboon, and a lot of good people left based on his reputation alone. If they did or said anything less there would be lawsuits galore. JJ has earned an academy award in my book.
what makes you think anything happens for no reason. would you agree we are in the time horizon where companies like dndn get bought by bp?.... can you see that dndn has been hurt enough and the reversal is coming?
My guess (and yes my guess is as worthless as anyone else's) they have to maintain the appearance of still being a legit company with goals to achieve, even if they don't believe it themselves. Otherwise the bottom falls out (even more) and a lot of people working there making big boy money won't collect anymore paychecks, etc. What would you expect? That they tell everyone what most of us already know and further risk their salaries and what little value their stock holdings have left? Plus, you never know with companies....Maybe somebody does step in and buy them out, but that isn't going to happen if they "give up".
do you see any corelation between dndn stock price and that of kerx before they soared earlier this year?? both were driven into the dirt, the question is will dndn rise from the ashes? if dndn was at fair value would we need 60 million shorts to establish this market value or is it skewed?