Any method to plant closure madness?

[Anonymous]

NJ was closed, but it had the highest capacity

If you recall, there was a day when they didn't make anything. PCT Cell Therapies did it for them. PCT has a large plant near the NJ D'Enron one.

Did they close the facility that they have the best chance of selling? or is it just getting out of a lease?

anyone know if there is something sensible to the choice?

Is this the one to close for fastest bankruptcy which is the only sensible goal I've heard recently.

 

[Anonymous]

I am not on the EC but I am pretty sure that the decision to close NJ had something to do with it being the most expensive to operate and staff, its age in comparison to the other two plants and distance to its unreliable airport. (sorry Newark, just stating the truth)
If there is someone who wants the facility, thats a huge bonus for DNDN and all the soon to be former employees who got blindsided as maybe they can gain employment with the new tennant. I believe Seattle will see the same fate before its all over. I also believe that DNDN will reset and turn one of the biggest botched startups in history into a great company once all the greed and pork is flushed from the EC.

 

[Anonymous]

I also believe that DNDN will reset and turn one of the biggest botched startups in history into a great company once all the greed and pork is flushed from the EC.

Appreciate that but it's just not possible. Financially and legally it just can't happen. Provenge at some point may become a 600M a year therapy, but it can't and won't be while DNDN is peddling it.

Buyout of DNDN is the ONLY way out. 600M owed to bondholders and about 400M to be paid to lawsuit victims. Insurance wont pay for criminal behavior. Cash will be down to 250M by end of year. Bondholders and JP Morgan will demand selling the company. Sorry, but that is just reality.

You and Steve, the guy who accuses everyone here of being an investor while he himself is an investor from IV and not a salesperson are just plain wrong. Sorry, care to live investors. You should focus on advocacy instead of stock trading patterns. Being invested and focusing on your investment and the trading patterns of the stock is a despicable conflict of interest.

 

[Anonymous]

Liar and fraud - How much do you want to bet that cash is over $250 million at year end? Of course such a bet could never take place since you are a coward and fraud.

You are a short investor, with complete lack of morals or human decency, with a vendetta against the company and will do anything to harm the company.

Is Steve your imaginary boyfriend? Have you dyed your fair red and been collecting firearms?

 

[Anonymous]

Is Steve your imaginary boyfriend? Have you dyed your fair red and been collecting firearms?

What? No reference to 8th grade behavior (still more mature than you). Seriously, come up with some new taunts/similes/metaphors/comparisons. The four you use you have totally wound into the ground. Get some new material.

 

[Anonymous]

My statements are not "taunts". My statements are the truth. Your statements are for the most part misinformation, lies, and nonsense. I call you out on your garbage. To say that Dendreon will have $250 million or less in cash at 12/31/12 is all three, plus way below 8th grade level business analysis, and plan silly.

 

[Anonymous]

What? No reference to 8th grade behavior (still more mature than you). Seriously, come up with some new taunts/similes/metaphors/comparisons. The four you use you have totally wound into the ground. Get some new material.

Exactly! He fills this board with the f word and can't have honest debate without just using insults and name calling but can NEVER produce any statement that is not true. Talk about 8th grade

Just look on IV. Scroll back a few pages because he hasn't posted there since he was found out but it's Steve P from IV. He might be one of those care to live investors who follow trends in the trading of DNDN stock. Only one of THOSE investors would take this so personally.

 

[Anonymous]

My statements are not "taunts". My statements are the truth. Your statements are for the most part misinformation, lies, and nonsense. I call you out on your garbage. To say that Dendreon will have $250 million or less in cash at 12/31/12 is all three, plus way below 8th grade level business analysis, and plan silly.

Oh please. They're taunts. FYI I'm not the one creating posts about bankruptcy, burn rates etc. so if your going to 'call someone out' at least get the target right, Slappy.