What in the Hell Happened To Dendreon Today?

Sifl and Olly have nothing to do with this.
But Dendreon pics? zzzz


[update 5.25.09: the offending Yahoo Finance post has since been removed. Hmm]

Since I'm likely dying of zombie flu right now, I missed this. What the hell happened?

Only in Bizarro World can positive pharma results equal behavior like this, I suppose.

24/7 Wall Street on the $DNDN debacle (which I totally slept through):

15:05:01 EST NASDAQ has reviewed the transactions under rule 11890 (b) on its own motion filing involving the security Dendreon Corp. (NASDAQ: DNDN) executed between 13:25:00 and 13:27:02 ET today and has determined that all trades will stand. This decision cannot be appealed.

In short, if you got stopped out or shaken out of or into the stock, NASDAQ is telling you “Tough Cookie!”

[by JON C. OGG]

A call into NASDAQ Marketwatch has confirmed that the NASDAQ is looking into erroneous trading in Dendreon Corporation (NASDAQ: DNDN). As the NASDAQ has posted:

* NASDAQ MarketWatch is investigating potentially erroneous transactions involving the security Dendreon Corp. (DNDN) executed between 13:25:00 and 13:27:02 ET today. MarketWatch will advise with details as soon as available. Participants should review their trading activity for potentially erroneous trades and request adjudication through the Clearly Erroneous process within the applicable timeframe for filing pursuant to the rule.

Who knew cancer drugs in the midst of a pandemic could be so much fun?

Shameful?

A bear raid?

How'd this guy call it on Yahoo! Finance an hour before it happened?

Screw it, I'm sticking with the Fed and going back to bed...

Oh, and though Dendreon's performance is just dripping with signs of manipulation, the SEC is likely still busy rearranging those deck chairs. Run!