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To: Carl Worth who wrote (271)4/22/2007 6:02:26 AM
From: Robohogs  Respond to of 5891
 
Carl,

I actually agree with most of what you wrote - it is pure speculation. I apologize if I came across as advocating a gamble here - I am a bit of a gambling man and even I will not touch this situation. It is too much of a political gamble as both I and the article you linked noted. And yes, frequently stocks peak right at approval and then go down or nowhere. I strongly believe even if DNDN gets approval, the drug will not meet the high expectations of the hopeful and the stock would get hurt. Plus, they will do a capital raise right after either decision which will further pressure the price.

One of the earlier posters commented that this was a good company and owning it at a net 8 might not be so bad. I was trying to point out that that is not so.

I will say that Forbes article was a bit slanted with a negative bias, but that is the bias of much of the institutional crowd, and a likely reason approval won't mean use.

Jon