Volume Spike Investor

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. 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 [...]

Cell Genesys, Inc. (NASDAQ: CEGE) has run up 20% on 5-times normal volume today as of 2:12 PM EST.  You can guess why….. This was one of the former Dendreon speculative competitors as far as investors and traders are concerned.  Interestingly enough, we had this one as having canceled its prostate cancer trials before. JON [...]

Dendreon (DNDN) was halted ‘pending news’… unfortunately there was a 45% drop before the halt, but we would caution that this could be bad prints or a bunch of market trades as market makers backed away from the stock.    HALTED 04/28/2009 AT 13:27:02 We will follow up as the news breaks……. JON C. OGG  (1:31 [...]