With EU approval all negative sentiment will be gone from this post
Why bother fighting arguing with shorters and people enjoying watching an american company fail. If introduction to EU gets approved DNDN will be on a different position. If that happens, besides a 20% jump on the stock as news come out, a partership with a big pharma will give DNDN the long drive it needs. Until then is all a shorters party based on uncertainty and direction of DNDN. DNDN will need two or three quarters more if EU approval to turn around.
Calls are so cheap for October and the next months that gives you the chance to buy lots with put protection on the downside in case EU is not approved or dilution is announced again. A vertical spread should do it. I see a win win on options but Im looking into a DNDN rebound in the short term. All this bear reid just ended on Friday. Stock should stabilize in the mid 3's in the following weeks pending EU news. go or no go.
Yes agreed, assuming EU approval, this stock will be on a slow but steady rebound. I could care less about the bashers, I have no intention of selling. I even wonder if the present bashing is an attempt to drive the stock down so that the stock can be picked up cheaply before a big bounce upward at the time of the supposed EU approval.
Antigen required for production is too costly and it is not fixable. It takes money which dndn does not have to launch sales in europe. dndn might sell the right to get 100M. So dndn has two more quarters life left.