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Biotech / Medical : DNDN - Dendreon Corp. -- Ignore unavailable to you. Want to Upgrade?


To: brk who wrote (100)12/10/2000 9:26:49 PM
From: Elmer  Read Replies (1) | Respond to of 751
 
Toth has made some good calls like when Imclome got to submit for a license after completing only phase II trials. Toth said the FDA would agree and the stock went from $60 to split adjusted $100 now.

If you want a test of his accuracy, watch Maxim Pharm tomorrow and ILXO on Tuesday. Toth says 60% likelyhood of success for Maxim and 90% for ILXO. They are both before FDA panels. MAXM is very interesting as it has a huge short interest and should have a big move if they get approval. I'm going to go long the stock and buy Dec. at the money puts. If they get approval, the cost of the puts won't matter. If they don't, I go back under my desk.



To: brk who wrote (100)12/16/2000 8:39:07 AM
From: Elmer  Read Replies (2) | Respond to of 751
 
I just came out from under my desk. I guess the release of lock-up shares scared the faithful. Silly to take a stock down on news that the whole investing world knows about.

Toth was interviewed again yesterday on Radio Wall Street and said that MAXM's management misled him. Apparently, they don't have the best reputation.