No. of Recommendations: 0
DNDN is back down to lower than when it was purchased for this portfolio--which says to me that we may be seeing a buying opportunity. Has anything happened materially with this company lately that should give me pause?

Hi bikerliz,

The only news I'm aware of is that it's actually gone ahead with laying off a bunch of people at the manufacturing plants as part of its cost-cutting measures. Then there was this encouraging piece of news on Seeking Alpha: http://seekingalpha.com/article/295350-dendreon-shareholders....

I'm not sure if I'm going to buy some more for the MUE port, at least not until I have a chance of listening to the next quarterly conference call, which is scheduled for early November. If the situation is improving by then, I'll feel more confidence in the recovery thesis and thus might bump it up to the "middle" tier of holdings.

Thanks for asking.

Cheers,
Jim
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.