I believe in Karma. I sure hope the shorties will enjoy losing their nuts when they get prostrate cancer because they assaulted this company and its amazing cure !
Agree and I think JJ was let go partly due to his lack to find a partner to take DNDN to the next level.
for the shorties coming up real soon. The MMs are loaded and all is set in place. My bet is partnershp with $300 million cash infusion and marketing rights, 30 % sales cut and get global exposure and resources of a HUGE BP in the EU.
Last ASCO news was really great so why no press release? Seems very suspicious. I agree with you. However on the $27 million conv debt they had to pay it, otherwise it would have triggered default to happen. The fact they paid this also says that they dont expect to go BK. Something is brewing folks too many pieces of information are lining up and its not a big coincidence ...look for news next 36-48 hours is my guess the 2 million share trade the end of Friday was the signal that someone knows something and got a whiff of something going on and its looking like a buyout is happening in my opinion .
BOD would never sell for peanuts. They have offer for $3-4 billions is my guess. That means $20-28/share. Mark it. Done deal cha ching ....shorties gonna get RIPPED....the dumb ones who havent covered and were stupid enough to short a $2/share biotech thinking there would be no risk.
However I think company will be bought out in $28/share range. That's what its worth based on value of other biotech companies recently buyout with ZERO revenues.
Agreed Things are lining up nicely. Wouldnt surprise me.
I'm just happy they are getting rid of him. He did not simply quit, he was told to resign or get fired. Now let's look forward to greater things and PPS, due to decreasing COGS, increasing sales, EU, neuvenge, and BUYOUT @ $20/share !
burned through $600 million in cash in 2 1/2 and nothing to show for it except for more losses. EU , will be up but after 1 year. Just a loser CEO. worst ever. Now the problem is who is going to take the job? Mitch Gold is ultimately the one who destroyed this company though. He is the one who structured the debt, which is now hanging around DNDN neck like a hangman noose.
Zytiga is most definitely NOT a better product. The OS curve separates out at 18 months, by which time you as a patient may be dead, before you know if its even working.
this would NOT surpirse me, and I've thought about this possibility myself. How is it that the shorts have been so confident, because someone has been feeding them inside information is my guess.