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Abbott Laboratories Message Board

bgv123 1 post  |  Last Activity: Nov 19, 2014 11:38 AM Member since: May 6, 1999
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  • After first entering DNDN in April of 2006 and riding my shares up to a value of over $500,000 twice and not selling, I sold this morning my remaining 9,074 shares at quite a loss, although I made some money and paid some taxes along the way. Although I rarely posted here, I especially appreciated the thoughtful postings long ago of suransuran and Saul Kerpelman. The science in DNDN will live on but the story of this once very gifted company is that great science is not enough. To make it as a biotech, great science must be wed to great business judgment and good business decisions and that DNDN sadly did not have. And it would not have hurt to be a biotech giant rather than a small go-it-alone company. I hope that DNDN will survive bankruptcy and arise from its ashes, but I am not holding my breath. It has been an informative and bumpy ride.

    Sentiment: Strong Sell

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