Den of Iniquity Takes Down Dendreon?
{ Posted on Apr 29 2009 by Minyanville }
Options -- and the whole financial system -- are increasingly being viewed with a jaundiced eye as investors see the system as not only irrational but completely gamed. Just when the markets are trying to regain the public's trust -- on which they're dependent to provide capital to fuel growth and pay ancillary fees to those involved in the transactions -- the last thing they needed was a day like Dendreon (DNDN) experienced on Tuesday. Granted - playing in the biotech especially pending drug approvals can be a high risk/high reward proposition. But yesterday’s action raises eyebrows among even the most jaded shooters. Options Trading Ideas ...
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