Automation needs to happen first before earnings can substantiate for that matter.
Debt restructuring is just a temporary cure to the problem that is "still ongoing". It is not real progress according to the real professionals who have proven track records making "profit".
There is no more "supposedly good news" to justify the stock to go higher until the next earnings report (three months from now). With the power of short sellers and their current outstanding positions to fuel up more, three months would be like an eternity in hell if Havenger and the gang fail to keep the buy out dream alive.
1. Dendreon has zero chance of "breaking even" by the end of 2014.
2. The chance of a buy out is 50/50. Smart investors don't invest on the basis of hope! Smart investors look at the company's earnings history and current situation; and it's not looking good.
3. Sales in EU will not start until 4th quarters of 2014. Therefore, it will take at least 6 months to get some "ideas" about its potential. Thus, it's still insignificant until the company can show real results (earnings) versus continuous excuses. Will or can shareholders/ investors take any more risks when their available cash is so limited?
4. JJ has a lot of free shares that he can lose. The chance of him doing a secondary to save his free money is at least 80%.
5. At the current rate of the company's struggle to show "real" progress, shareholders have a higher chance of getting cancer (due to stress for owning this stock) than the actual cancer patients getting cured.
All the all, I am sure most people can agree that the "opportunity cost" of owning this stock is HUGE!
Good luck minimizing your costs because that's the only thing everyone can "HOPE" for.
One way to avoid jumping into conclusion again is to contact either Dendreon or Allergan with the key question. If you send it to JJ, phrase it as simple as you can.
VP: How did it go, JJ?
JJ: They had no f#$k@#$g donuts...
VP: Sorry about that! How was their coffee?
And that's how they have been running the business!!!
This guy is no worse than a parrot. lol
They got the EU approval several months ago! Even shareholders who don't know anything about investing can see how important it is to have a partner. How can he say s@itz like that and destroyed shareholders' ONLY hope to get their money back!?
A CEO's job is to be a thinker and planner, to say the least. This @hole is nothing like that! Thus far, it looks like he is using every earnings as his opportunity to destroy the company by raising more doubts.
If the management team of Dendreon can't even take care of their shareholders, how can doctors expect to get paid for doing them such a favor?
In the world of good faith and serious matter of survival (seriously!), can patients afford to risk their lives so willingly under the circumstance?
Selling Provenge to someone more responsible, professional and capable of putting it to good use is the only responsible thing left to do. The Disgraceful Group Of Misfits need to wake up and stop embarrassing themselves!
For dndn shareholders, it sucks to hope for a buyout when it's THE ONLY THING that will help to get half of your money back.
In the meanwhile, this POS is going no where until it can show THREE CONSECUTIVE QUARTERS of earnings. Now, that's one f@kcing depressing thought!
Pray for a buy out and your life will be 1000% better than it is now. You are owning GOLD that is given to LOSERS to manage.
"We are doing it alone". How can a CEO be so stupid and irresponsible!!! You don't say #$%$ like that when your company has been losing money for years while the competitors are making money without breaking a sweat. Especially when their available cash is not enough to make any huge impact to show any PROFIT within the next THREE quarters!
In 15 minutes, shareholders can double down at 50 cents and continue to run on BS fuel into next 1Q14 earnings.
Pay attention and get this @hole fired for what he says!
Two for JJ:
1. Provenge sales will not improve year over year.
2. "We are doing it on our own."
How can the moron say something like that we the ship is literally sinking???
Unless JJ and his team are total morons, a buy out better happen sooner than later. There is no if or what about it!
They would be completely out of cash by the time they take more stupid chances to show profit. Selling the company to allow Provenge to prevail is the only responsible thing left to do!
This company has been giving Dendreon executive free shares and stock options like a buy out is about to happen. While that's happening, the stock is decaying like it's waiting for JJ to give the signal for total destruction to what's left of the company. Hence, if you are not so much in financial lose and emotional pain, your mind can obviously see such events are contradictory to each other!
Keep in mind, JJ is holding TWO QUARTERS OF EARNINGS IN HIS HANDS. If this stock drops on Monday with or without his help, shareholders should hold this guy ABSOLUTELY RESPONSIBLE for ALL THE DAMAGES since the day he became CEO! The BOD should also be sued for negligence, breach of fiduciary duty to fire him and failure to ignore briberies while collecting free shares, stock options and ridiculous compensations. Acting stupid or failure to take appropriate actions to salvage shareholders' remaining equity is INEXUSABLE at this point!!!
If the ongoing misleading sense of directions JJ and his team has displayed still materialize into FURTHER DISAPPOINTMENTS on Monday morning, JJ must resign or sell the company at any price!
Shareholders don't want a gambler who bet other people's wealth. They need a CEO who is honorable and not a back stabbing SOB!
What a big insult to shareholders' intelligence! He might as well say when PIGS CAN FLY instead of notating such a year (2022)!
What a LOSER for a CEO!
Look at SVNT and tell me it isn't so.
Otherwise, JJ will be the first CEO to be literally rubbed with real shi!t@ in his face and go down in history as the biggest moron on earth!