Investors who continue to stick by
Dendreon (Nasdaq:
DNDN),
and its struggling prostate cancer therapy, Provenge, finally got a
glimmer of good news after third quarter results. While Wall Street
seemed to be pleased that this quarterly result was closer to "on
target" (after a string of bad quarterly reports), Dendreon still has a
lot of work ahead of it to turn this story around. I know Dendreon still
has a loyal core of supporters, but it's difficult to argue for buying
this stock when so many other drug companies offer better prospects for
long-term gains.
Please continue reading here:
http://www.investopedia.com/stock-analysis/2012/Is-Less-Bad-As-Good-As-It-Gets-For-Dendreon-DNDN-JNJ-MDVN-SNY1105.aspx
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