let me get this straight. the shorts pound the stock selling shares on the open market. The longs buy shares from the company avoiding the open market- and I wonder why the stock is going down. I wonder what 5 million shares bought through the open market would have done to the price of the shares of Navidia. Now I'm long, but I'm getting tired of this game.
goggle: deepcapture and dendreon ! see the illegal naked short selling of dendreon in 2005 thru 2008 as chronicled by deepcapture. change Milken to Marty S., Jim Cramer to Adam F. and dendreon to Navidia and you will see the comparison. It will make one sick to see how SEC is so inept.
there is a large article in deep capture in regards to the manipulation of dendreon in 2005 to 2008. it involved Miliken, jim cramer, hedge funds, illegal naked short selling and murder. The similarities to navidia plight is astounding. just change the names the plot is the same down to letters to the FDA. Adam F. instead of Cramer, Marty S. instead of Milikin. please goggle deep capture and dendreon and read the story -- it is absolutely scary.
cost to use sulfur colloid is usually miss stated. you have to combine the cost of sulfur colloid with the added cost of the blue dye; they are used together. my understanding sulfur colloid cost $160 per dose and blue dye cost $130 per dose. So combine cost is $290. compare this to $300 per dose for lymphoseek( with its benefits) is a no brainer!
burrill institute--$300 mm world wide market with $75 mm to navidia ---Ladenburg and thalmann--peak sales of $215 million net 107 mm with 58 million to Navidia-- DD buyer spread sheet-- u.s 76 mm u.s all cancer types 131mm-- u.s and Europe 172 mm u.s. and Europe all cancer types 308mm.