Out of Dendreon; Another Chance in May

April 11, 2007 · Filed Under General 

by Andrew Vaino
Vaino’s Biotech Corner

After a few fantastic days Dendreon (DNDN) is dropping this morning (Tuesday, April 10th). I may be overreacting, but I sold DNDN in the BC tracking portfolio this morning (Tuesday) at 21.93 and am happy with the 56% profit.

May well be too soon, but there will be another chance to play this in May in advance of the FDA decision on the 15th.

Source: PeterNavarro.com

RELATED READING:
- Right on, Dendreon!
- Dendreon: Trading Strategy Ahead of FDA Review
- Jim Cramer on Dendreon

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