Dendreon Cash Position

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Anonymous

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Cash and short term investments down to 432M from 500M last qtr

Total Capital down to 202M from 279M last qtr.

DNDN will have to raise new capital when cash gets to about 250M level as they did last time.

With how bleak this is and layoffs and closing plant and only 80M revenues last qtr, I see no way that in 3 quarters total capital will not be completely wiped out and cash down to maybe 200M.

My prior analysis is even more clear now. That impotent mgmt mole would never admit this of course. He's the board punching bag and laughingstock. Can't put lipstick on a pig you piece of shit mole.
 






You are the laughing stock. A six year old is better at math than you. Cash burn was reduced to $49 million this quarter, down from $59 last. They have over $500 million in cash and equivalents. They are reducing annual costs by $150 million. Your are a liar and a fraud with a vendetta against this company. Your prior analysis is proven to me even more stupid than it was originally.
 






Anonymous said:
You are the laughing stock. A six year old is better at math than you. Cash burn was reduced to $49 million this quarter, down from $59 last. They have over $500 million in cash and equivalents. They are reducing annual costs by $150 million. Your are a liar and a fraud with a vendetta against this company. Your prior analysis is proven to me even more stupid than it was originally.
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You lying piece of shit fraud.

6/30/12

Cash and cash equivalents- 247,493,000
Short term investments-184,743,000

Total is 432,236,000

You are the sick delusional fraud trying to redefine cash equivalents to include long term investments, inventory, prepaid costs. You are thoroughly sick and an embarrassment and every one of your fraudulent lies will be called out. You are embarrassing the mgmt team even more than the conference call yesterday. Even Schiffman learned his lesson and rarely spoke of cash yesterday. They now know its all about income. Their strategy will not bring them income before cash runs out but at least he realized he can't continue brainwashing the investment world that only cash matters. It's income stupid. Even Schiffman figured that out.
 






David Miller of Biotech Stock Research -- a stalwart Dendreon bull -- remembers well but says Monday's issues are far worse":

"Well, that was ugly. To our ears, this conference call was much worse than the one we endured last August," wrote Miller in a research note to his investor clients. "The debacle last August was unexpected to most, but we saw a clear path towards fixing it… Now let's move forward a year. We have a new CEO and, apparently, a brand new commercial team from the top down. We've ping-ponged from a commitment to urology to a commitment to everything. Another 600 people have lost their jobs and were down one manufacturing plant. Worse, Dendreon is shooting for break even instead of a blockbuster. Well, they'll be lucky to hit breakeven after what we heard today."
 






You are a fucking asshole. Have you totally lost your sick mind?

6/30/12

Cash and cash equivalents- 247,493,000
Short term investments-184,743,000
Long-term investments - 77,479,000

Total is 509,715,000

I could spit in your ugly fucking face. You continue to lie about the most basic of facts. You leave out intentionally $77 million in US Treasury securities due in over 1 year? You do not consider this cash? You are completely ignorant and delusional. Cash is well over 2.5 years now. Cash burn keeps on dropping $10 million a quarter. They will be at cash flow breakeven next year. They burned $49 million last quarter. You are a sick asshole with a vendetta against the company.
 






Anonymous said:
You are the laughing stock. A six year old is better at math than you. Cash burn was reduced to $49 million this quarter, down from $59 last. They have over $500 million in cash and equivalents. They are reducing annual costs by $150 million. Your are a liar and a fraud with a vendetta against this company. Your prior analysis is proven to me even more stupid than it was originally.
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lol distorting and lying again you fucking deranged idiot.

long term investments is NOT cash and equivalents. long term investments can not be spent until at least a year and the average life of that portfolio could be much longer than a year. in 3 quarters cash, cash equivalents will be well under 200M. They will be teetering on bankruptcy. They would never let it get to that point. They would have to sell the company, raise cash through a junk bond offering (high interest rates) or dilute the shares. That's a delisted penny stock.

everyone knows how sad and delusional you are and can only be a paid pumper because you are a fraud. look around. read. study. look what the whole world knows. this is from a long time long:


"be realistic... the plant closure will cost them MANY millions. before earnings news, they could not have possibly reached breakeven till mid-2013 with plant automation. now the closure will delay breakeven till 2014. cash is less than debt and they'll now lose $100M each quarter (normal losses + closure costs) and be drained on cash in a few quarters. a capital raise will be required - it's not an option, just do the math... you think they can limp along breakeven with zero cash on hand for operating expenses in late 2013 and 2014 ? wait a few months till mdv3100 gets approved for post-chemo in US and post-chemo in EU then tell us if you think zytiga sales for pre-chemo US are hurting provenge demand. my bet is the stock will trade $3-4 near-term and then $2-3 in 2013, possibly lower if mdv3100 off-label prescriptions for pre-chemo rise with EAP."
 






r***** - they can just sell a Treasury bond they invested in to raise cash - are you that fucking stupid?

are you quoting yourself now in that sick world you live in?

your are truly a clueless idiot.
 






usually long term investments are classified by the company as hold to maturity. as if they would change the classification when they are down to their last 79M and drain it to zero before raising money. you get more twisted each time cash is discussed because there are no legit answers. the only legit andswer is income before cash needs to be raised in 6 months. a normal person admits they are wrong and moves on. you just distort and lieand twist.

there are only 6 or 7 people in the world who would come to this board and lie and deceive to protect something very dirty. you were handpicked to lie and deceive on a stupid bulletin board. shows the sheer desperation of a company on life support....
 






Dendreon has over $500 million in cash. Cash useage in the second quarter was $49 million, which was $10 million less than the prior quarter. Cash usage has declined every quarter for the last year. Dendreon has sufficient cash on hand to reach cash flow breakeven. Everything else posted here concerning cash levels, solvency, etc. is a complete lie. Be warned.
 






Dendreon has 247,493,000 in cash and cash equivalents.
Dendreon has 184,743,000 in short term investments that can be easily turned into cash but is not currently cash.
Dendreon has 77,479,000 in long term investments. There is a reason investments are classified as long and short term and htm and afs. Long term investments have never been described as anyone in the accounting world as being counted as part of cash or cash equivalents or something just to sell prior to maturity if cash is needed. You prove your fraudulent ways more and more with each post. You are lying when you say DNDN has 500M in cash. Beware of what you say you foolish paid idiot!!!!!!! You are fighting a losing fight because the truth always wins and you are twisted in a pretzel and its evident for all to see you pathetic piece of shit
 






Money market $ 241,084
Corporate debt securities 134,509
Government-sponsored enterprises 41,164
U.S. Treasury notes 80,144

Total financial assets $ 496,901

Any of the above items can be sold within seconds. You have no clue what you are talking about on this and all other matters you post about here. All the above are cash equivalents.

See footnote 4:

http://investor.dendreon.com/secfiling.cfm?filingID=1193125-12-323922&CIK=1107332

You know zero about accounting. You are a fraud, liar, and completely ignorant ass that knows has a vendetta against the company. Give it up you lost your stupid arguments months ago.
 






wanted to clarify what i wrote in post 8. DNDN classifies all investments as AFS. the great majority of DNDN's long term investments are in corporate bonds. they only have about 12M in treasuries. selling corporate bonds prior to maturity to use for cash could incur large losses that would hit the income statement. a company that has run out of cash, cash equivalents and short term investments and is selling off its last 70M of long term investments to use to run the place is a company that is in hospice and preparing for bankruptcy.

the last time dendreon raised cash was when they had 250M in cash. a public company that owes bondholders over 600M can not let cash get to 0. dendreon has about 6 months before having to raise cash.
 






Anonymous said:
Dendreon has 247,493,000 in cash and cash equivalents.
Dendreon has 184,743,000 in short term investments that can be easily turned into cash but is not currently cash.
Dendreon has 77,479,000 in long term investments. There is a reason investments are classified as long and short term and htm and afs. Long term investments have never been described as anyone in the accounting world as being counted as part of cash or cash equivalents or something just to sell prior to maturity if cash is needed. You prove your fraudulent ways more and more with each post. You are lying when you say DNDN has 500M in cash. Beware of what you say you foolish paid idiot!!!!!!! You are fighting a losing fight because the truth always wins and you are twisted in a pretzel and its evident for all to see you pathetic piece of shit
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don't forget when they surplus the stuff from the 600 layoffs, that'll be another $50K easy.

They are in a great position right now!
 












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