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Politics : Formerly About Advanced Micro Devices

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To: longnshort who wrote (330887)3/31/2007 12:38:04 PM
From: tejek  Read Replies (1) of 1577903
 
Ted you posted that you didn't like STKR because you NEVER buy stocks that don't have earning. DNDN had a lost of 1.27 per share last year. I think you are truth impaired.

You're right. I typically don't buy speculative stocks. I made an exception with DNDN for a number of reasons: its a local biotech and its principals have very good reputations, a number of local heavyweights own a lot of the stock, and my cousin says that their cancer drug, Provenge, is the wave of the future. So I took a chance and its paying off nicely. I am expecting the stock to pull back before their May 15th meeting in front of the FDA. You might want to pick up some. Analysts were saying before the FDA panel meeting on Thursday that Provenge is likely to be a billion dollar drug and DNDN's stock could well go up to $27.
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