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If you haven't been following Mark Mitchell's account (I, II, III, IV) of the short-sellers'...

If you haven't been following Mark Mitchell's account (I, II, III, IV) of the short-sellers' attack on Dendreon (DNDN), it's a fascinating Sunday read.
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Comments (5)
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    How could anyone invest any of their money on Wall Street knowing that this kind of abuse exists? Where is the SEC? The DOJ?
    28 Jun 2009, 09:06 PM Reply Like
  • Henry Buttal
    , contributor
    Comments (407) | Send Message
     
    It will be interesting to see if anything comes of the investigation into the recent trading in Dendreon (DNDN). I was Long the stock that day of the meeting.

     

    The sudden drop with no logical explanation was simply bizarre. I just stayed in, and it popped back up. Still, I was spooked enough to sell out after the trading had re-normalized.
    28 Jun 2009, 09:48 PM Reply Like
  • rocketinvestment
    , contributor
    Comment (1) | Send Message
     
    This story once again proves that the biggest thieves in America are bankers, lawyers, hedge funds, accountants and OUR own government.

     

    How can anyone have confidence in our financial markets when this sort of corruption is allowed and encouraged by the so-called market overseers. The SEC, NASDAQ, FED, NYSE, et al are all a compete joke and fallacy that will continue to take down our economy and markets.

     

    These "people" are certainly the smartest in the room only because they are the most corrupt in the room. Anyone can be that "smart" if you so choose. What profits a man if he gains the whole world yet loses his own soul in the process.....Like my economics professor once told me, anyone can be a millionaire in America, it all depends all far you are willing to sell out your morals and values to become one.
    29 Jun 2009, 08:05 AM Reply Like
  • pb
    , contributor
    Comments (4) | Send Message
     
    Deep Capture expose on Dendreon, corruption in the markets and the Michael Milken is an absolute must read for ANY retail investor.

     

    Observe that ANY reference supporting/linking Deep Capture is almost instantaneously deleted on Yahoo MBs. Yahoo is fully corrupted by these same institutions/individuals and I encourage everyone to go to the Investor Village MBs for more open, honest and analytical discussions of companies they are interested in.
    29 Jun 2009, 10:04 AM Reply Like
  • Brex
    , contributor
    Comments (6) | Send Message
     
    I got stung by the April 28 plunge - was long DNDN and had a stop order in that got executed. I reported this to FINRA, the SEC and wrote to my congressmen. So far, FINRA has contacted me twice asking for additional details and Senator Bob Corker's office also contacted me. This is encouraging... but I'm not naive enough to think those responsible will get busted and that I'll be compensated.
    29 Jun 2009, 11:41 AM Reply Like
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