Pre-Market Volume Alert: Dendreon (DNDN)

Posted in General, pre-market 
May 4th, 2009

Dendreon Corp. (NASDAQ: DNDN) is seeing shares actively traded with a bit more profit taking.  As of 8:27 AM EST we have seen shares down 3% at $21.33 on about 78,000 shares.  The reason for the sell-off is the huge amount of insider share dumping we noticed from Friday after the close.  After a tenfold rise, this is not unusual; but the size of the selling was massive on the surface. -JON C. OGG

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