Great Provenge Patient Videos

"I'm guessing it will take sales of nearly $1B for this company to break even"

That has to be one the freakin dumbest comments posted here. Where did you learn to perform financial analysis? Kindergarden? You Yahoo stock board flunkies are a joke. It is so obvious that you are trying to spread unwarranted fear here. At $1 billion in sales the stock price will be 5x to 6x higher than it is today and dendreon will be earning several hundred million in profits. Dendreon is well on its way to that magic number. Look at the Herceptin sales launch (provenge has done much better to date):

http://www.gene.com/gene/about/ir/historical/product-sales/herceptin.html

At sales of $320M, the losses are $360M, that's a burn rate of $660M/yr. If sales
increased by $680M, do you not think that the cost of that will be half of that, e.g. $340M?
 






"At sales of $320M, the losses are $360M, that's a burn rate of $660M/yr."

Man you yahoo gang are dumb. That has to be on of the freakin dumbest posts I have seen here. I can't see how you idiots are not embarassed to post on a public forum.

To answer your question - the vast majority of sales increases flows directly to the bottom line as the vast majority of their expenses are fixed (ie, 80% of cost of goods sold are fixed and 100% of selling, general & administrative expenses are fixed).
 






Hundreds of layoffs to people who had just started less than a year prior to their layoff. People moved to what they thought was a great job. People disrupted solid careers for what they were told was going to be better. It was all under a guise of lies, a criminally inflated share price and false pretenses. Hundreds of these layoffs were done while there was no Chief Compliance Officer.

This is not to mention bondholders and shareholders who lost billions due to these crimes.

The result of the federal investigations will give you an indication of the monster this man is.

There were 10's of thousands of victims. Here are a few of them:

Dear Mitch- Its apparent that you don’t care about your employees, especially for the ones that took the big risk of staying on through all the dips. If it was just getting sucker punched on our financial future, I might have kept quiet. But no, you had to make our working life hell by bringing on people you knew were toxic.

So here are a few questions for you

Every Monday afternoon you attended a meeting that reviewed plant capacity and sales. You had Weekly Capacity Reports at your disposal. Don't you remember?

We were limited to a measly 12 workstations throughout most of 2010. We couldn’t even fill those slots. Don't you remember?

Our Market Planning Department, the ones with all the data and responsible for forecasting, projected 2011 sales of $240M in late 2010. That didn’t fit in you’re your plans. Did you choose to ignore or mislead?

I could go on and on but that should keep the lawyers busy for a while.

The last straw was bringing on Rosen. This was after your entire executive board said no. You trumped them all and gave him a two-year contract. For all you lawyers out there here’s a hint to save time. Just pull up the Bayer lawsuit, do a search for Bayer and replace with Dendreon. Okay, here’s another straw. Dan Mini-Me. Rob has already taken credit for inventing the internet among everything else. You’ll have to think of something else to justify your arrogance.

Oh and one last question for Mitch. We’ve all been touched by cancer but you’ve been very vocal about it. How many of those millions you pocketed were donated to cancer research? Thought so!
***************************************************************

This the best posting on this site. We applaud your courage to post such provocative and truthful commentary about the events leading to the "Hindinburg-esque" disaster of August 3rd, 2011. We know quite well that Mr. Gold knew well in advance that we would never achieve the numbers he and his henchmen crowed to the investment community. Being a poor and stupid CEO is not criminal but having multiple sources of evidence to demonstrate that the 400 million goal was never a reality is and should be prosecuted.
****************************************************************

I’m the original poster. Thank you for the kind words but you’ve given me credit that is not due. My intentions were not altruistic but based on spite. If there’s any chance of solace perhaps this debacle will prevent a similar situation from happening again. But not necessarily for the reasons you might assume.

For all you shareholders, I’m truly sorry that you lost money. As employees, we lost not only money but also our dignity. As I stated in my original post, it wasn’t the money that forced me into action, it was the hiring of Rosen.

I’m not the type who whines, complains or who has ever posted on any type of message board. But knowingly hiring someone with such a toxic, employee-abusive reputation was a slap in the face that could not be overlooked. It may have been a selfish act but I could easily justify it because of the devastating toll it took on my friends and coworkers.

So here’s my advice to all you CEOs out there. If you ever do consider hiring Rosen or a similar scorch-the-earth type, let it be known for what it really is; a signal to all shareholders and employees as a sign of desperation. And if that isn’t reason enough to pause then consider this; your meekest mildest employees might just become your worst enemies.
****************************************************************

Mitch Gold - He did it twice! 9-Jun-12 02:01 pm I woke up this morning thinking.. you know, late Dec. 2011 - Jan. 2012 Mitch Gold decided to provide fraudulent && overly aggressive forwards Q4 earnings estimates for DNDN, knowing that the earnings wouldn't show growth anywhere near where he led us to believe. Moreover, i'm sure he thought that the Q4 one-time 125mm (in-flow of cash) from sale of some item (drug patent? i don't recall what is was now..) would just add confusion to the mix and help to derail investors trying to back out of the Q4 numbers released. Either way, Mitch wasn't even close to what he had pre-released to public, and he failed to disclose the holiday weakness to boot.

Meanwhile, he accomplished his goal (again!!) in getting the stock price to more than double 2x up to 17s from 7 area... and one can only imagine the motive(s) behind that most recent scam scenario.

Can anyone really be that corrupt? And, for that matter, that bold?? It seems for M. Gold the "Wild West" doth exist, there are no rules, and "we never get caught" applies more now than ever.

I guess i woke up angry today that, in reflecting on DNDN's history, realizing that this guy (M. Gold) did it AGAIN to the shareholders.. he bent 'em over again!! and lied again to the public!!

It's clear that, this guy Mitch, is likely to cause more harm; and is a threat or danger to the markets, and to future firms that he is involved. He is the epitome of the word toxic, the worst form of white collar criminal. What he did, for a 2nd time no less, is use his position and stature at DNDN to totally manipulate price to his (likely others) benefit.

The worst part is that, when he spoke back in early Jan. 2012 about the exaggerated Q4 growth numbers.... the fact is, most everybody believed him!! Otherwise the pps would not have almost tripled.

For a second time, the smart money and insiders were dumping shares on the Pump, and selling into strength.

Enough ranting for today.. it just amazes me that this guy is allowed to continue "operating" and making decisions at other companies, and/or boards.
*****************************************************************

"I’ve spent almost everything outside of my IRA, and have had to sell over 75% of my depressed DNDN shares to pay the bills. At this rate, and without another source of income, my only other available asset to sell to generate money is my house; hence, my home is for sale."
******************************************************************

Tragic.....
 






What is "tragic" is that this is a thread about cancer victims and thir experience with provenge that you have hijacked with your mentally ill rants about the former CEO. I would like to see Gold with a long prison sentence as well. What matters most in the end, however, is that Dendreon will succeed in treating tens of thousands of prostate cancer patients and that the new management team will succeed in transforming this company into something to be highly proud of. All your rants here will not at all hamper that success from happening.
 






What is "tragic" is that this is a thread about cancer victims and thir experience with provenge that you have hijacked with your mentally ill rants about the former CEO. I would like to see Gold with a long prison sentence as well. What matters most in the end, however, is that Dendreon will succeed in treating tens of thousands of prostate cancer patients and that the new management team will succeed in transforming this company into something to be highly proud of. All your rants here will not at all hamper that success from happening.

Lets get something straight. No one posting here, positive or negative, is hampering anything or helping anything. Whatever happens to Dendreon and Provenge will be determined by market forces. You showing Provenge videos will not do a damn thing and people talking about criminal executives will have absolutely no affect on cancer patients. What you are doing has no value AND it obviously agitates you. You can't win on this board. There are too many employee and shareholder victims of the crimes here. For these victims, this is a place they can tell the truth about the crimes knowing that the perpetrators read it. Yes, they read it. It's nice to let criminals know that what they did is out in the open and that that justice won't be far off.

I'm doing you a favor by telling you that if you want to find like minded people, go to Investors Village. Ted Cohen, Saul Kerpelman rode the stock down from 57 to 6 and they have pumped it the whole time and continue pumping to this day. Saul has lost millions and I saw a video he made on youtube and he looks aged, haggard and awful but he still pumps. You should hang out among that crowd. Many of them are Care to Live Investors. They pump the stock and watch their investment all day. You will love them. Enjoy!!
 






Asshole this is NOT a board for Shareholders. It is a board for Dendreon sales professionals and for Dendreon employees that take care of patients. Take your fucking totally insane rants back to Yahoo where you can share your delusions with fellow fucking idiots.

Why do you post your nonsense here 24/7 if you are not trying to influence people? No one wants to read the repetitive rants of a nut.

You overrun a thread about cancer patients with your mental illness. You should be embarrassed but you have no soul, no intellect, and no life. Pathetic asshole.
 






Post #17: "We don't need a shrink to tell you're. It right in the head."

As I have said, the yahoo gang can not even express themselves at a 3rd grade level. Pretty funny.
 






Let's be frank. Your posts are designed to scare Dendreon employees to other companies. You are trying to damage the company by increasing employee turnover and hurt morale. Your campaign will fail, because Dendreon employees are a smart and hard working bunch and will see through your nonsense. These employees will make sure Dendreon succeeds.

I hope you and Mitch wind up in cells next to eachother. You can have Sandusky parties together. You two are a match made in heaven. Enjoy!
 






Hundreds of layoffs to people who had just started less than a year prior to their layoff. People moved to what they thought was a great job. People disrupted solid careers for what they were told was going to be better. It was all under a guise of lies, a criminally inflated share price and false pretenses. Hundreds of these layoffs were done while there was no Chief Compliance Officer.

This is not to mention bondholders and shareholders who lost billions due to these crimes.

The result of the federal investigations will give you an indication of the monster this man is.

There were 10's of thousands of victims. Here are a few of them:

Dear Mitch- Its apparent that you don’t care about your employees, especially for the ones that took the big risk of staying on through all the dips. If it was just getting sucker punched on our financial future, I might have kept quiet. But no, you had to make our working life hell by bringing on people you knew were toxic.

So here are a few questions for you

Every Monday afternoon you attended a meeting that reviewed plant capacity and sales. You had Weekly Capacity Reports at your disposal. Don't you remember?

We were limited to a measly 12 workstations throughout most of 2010. We couldn’t even fill those slots. Don't you remember?

Our Market Planning Department, the ones with all the data and responsible for forecasting, projected 2011 sales of $240M in late 2010. That didn’t fit in you’re your plans. Did you choose to ignore or mislead?

I could go on and on but that should keep the lawyers busy for a while.

The last straw was bringing on Rosen. This was after your entire executive board said no. You trumped them all and gave him a two-year contract. For all you lawyers out there here’s a hint to save time. Just pull up the Bayer lawsuit, do a search for Bayer and replace with Dendreon. Okay, here’s another straw. Dan Mini-Me. Rob has already taken credit for inventing the internet among everything else. You’ll have to think of something else to justify your arrogance.

Oh and one last question for Mitch. We’ve all been touched by cancer but you’ve been very vocal about it. How many of those millions you pocketed were donated to cancer research? Thought so!
***************************************************************

This the best posting on this site. We applaud your courage to post such provocative and truthful commentary about the events leading to the "Hindinburg-esque" disaster of August 3rd, 2011. We know quite well that Mr. Gold knew well in advance that we would never achieve the numbers he and his henchmen crowed to the investment community. Being a poor and stupid CEO is not criminal but having multiple sources of evidence to demonstrate that the 400 million goal was never a reality is and should be prosecuted.
****************************************************************

I’m the original poster. Thank you for the kind words but you’ve given me credit that is not due. My intentions were not altruistic but based on spite. If there’s any chance of solace perhaps this debacle will prevent a similar situation from happening again. But not necessarily for the reasons you might assume.

For all you shareholders, I’m truly sorry that you lost money. As employees, we lost not only money but also our dignity. As I stated in my original post, it wasn’t the money that forced me into action, it was the hiring of Rosen.

I’m not the type who whines, complains or who has ever posted on any type of message board. But knowingly hiring someone with such a toxic, employee-abusive reputation was a slap in the face that could not be overlooked. It may have been a selfish act but I could easily justify it because of the devastating toll it took on my friends and coworkers.

So here’s my advice to all you CEOs out there. If you ever do consider hiring Rosen or a similar scorch-the-earth type, let it be known for what it really is; a signal to all shareholders and employees as a sign of desperation. And if that isn’t reason enough to pause then consider this; your meekest mildest employees might just become your worst enemies.
****************************************************************

Mitch Gold - He did it twice! 9-Jun-12 02:01 pm I woke up this morning thinking.. you know, late Dec. 2011 - Jan. 2012 Mitch Gold decided to provide fraudulent && overly aggressive forwards Q4 earnings estimates for DNDN, knowing that the earnings wouldn't show growth anywhere near where he led us to believe. Moreover, i'm sure he thought that the Q4 one-time 125mm (in-flow of cash) from sale of some item (drug patent? i don't recall what is was now..) would just add confusion to the mix and help to derail investors trying to back out of the Q4 numbers released. Either way, Mitch wasn't even close to what he had pre-released to public, and he failed to disclose the holiday weakness to boot.

Meanwhile, he accomplished his goal (again!!) in getting the stock price to more than double 2x up to 17s from 7 area... and one can only imagine the motive(s) behind that most recent scam scenario.

Can anyone really be that corrupt? And, for that matter, that bold?? It seems for M. Gold the "Wild West" doth exist, there are no rules, and "we never get caught" applies more now than ever.

I guess i woke up angry today that, in reflecting on DNDN's history, realizing that this guy (M. Gold) did it AGAIN to the shareholders.. he bent 'em over again!! and lied again to the public!!

It's clear that, this guy Mitch, is likely to cause more harm; and is a threat or danger to the markets, and to future firms that he is involved. He is the epitome of the word toxic, the worst form of white collar criminal. What he did, for a 2nd time no less, is use his position and stature at DNDN to totally manipulate price to his (likely others) benefit.

The worst part is that, when he spoke back in early Jan. 2012 about the exaggerated Q4 growth numbers.... the fact is, most everybody believed him!! Otherwise the pps would not have almost tripled.

For a second time, the smart money and insiders were dumping shares on the Pump, and selling into strength.

Enough ranting for today.. it just amazes me that this guy is allowed to continue "operating" and making decisions at other companies, and/or boards.
*****************************************************************

"I’ve spent almost everything outside of my IRA, and have had to sell over 75% of my depressed DNDN shares to pay the bills. At this rate, and without another source of income, my only other available asset to sell to generate money is my house; hence, my home is for sale."
******************************************************************

Posts are for one reason and one reason only. Mitch, EC and the board read these posts.
 






"At sales of $320M, the losses are $360M, that's a burn rate of $660M/yr."

Man you yahoo gang are dumb. That has to be on of the freakin dumbest posts I have seen here. I can't see how you idiots are not embarassed to post on a public forum.

To answer your question - the vast majority of sales increases flows directly to the bottom line as the vast majority of their expenses are fixed (ie, 80% of cost of goods sold are fixed and 100% of selling, general & administrative expenses are fixed).

Nearly true, not "vast majority", but "bare majority", just over 50%.

So, if current sales if sales are increased by $680M to $1B, the cost is about $320M.
Current burn is $660M, so that gives a profit of $20M of sales of $1B.

This company is out of control.

Tell you what, if it is wrong, show some numbers rather than yell "hey stupid"
 






"At sales of $320M, the losses are $360M, that's a burn rate of $660M/yr."

Man you yahoo gang are dumb. That has to be on of the freakin dumbest posts I have seen here. I can't see how you idiots are not embarassed to post on a public forum.

To answer your question - the vast majority of sales increases flows directly to the bottom line as the vast majority of their expenses are fixed (ie, 80% of cost of goods sold are fixed and 100% of selling, general & administrative expenses are fixed).

There isn't a functioning sales force now, so it's hard to see the claim that 100% of the selling, general and admin costs are fixed.

But, it shows how bad the management is to claim the company is constructed to
be profitable at $400M, yet they have a current burn rate of $660M/yr with far less sales.

The yahoo pumpers and bashers are pretty dumb, they miss the issues.

Provenge is fantastic, but it won't make the company if they they keep running it like Bulgaria.
 


















Schiffman Q1 2012 conference call: "We have a strong balance sheet with cash, cash equivalents and short- and long-term investments at March 31, 2012 of approximately $559 million, compared to December 31, 2011 of approximately $618 million. For the quarter, the company had a net cash usage of approximately $59 million. This is approximately $16 million less than the prior quarter net cash usage of approximately $75 million."

http://seekingalpha.com/article/567...sses-q1-2012-results-earnings-call-transcript

I know basic arithmetic is way beyond the IQ level of you yahoo board morons, but Dendreon burnt through $57 million in Q1 2012 and this number keeps improving Q by Q. I hope that the other people that read this board see how completely stupid and misinformed you all are.

At $1 billion in revenues this company will be earning several hundred million in profits. You idiots can't change that.
 












What the fuck does that have to do with a completely wrong breakeven analysis? You really are sick.

Dendreon will be highly profitable at a $1 billion in sales. The FBI and SEC should investigate you as well.
 


















At $1 billion in revenues this company will be earning several hundred million in profits. You idiots can't change that.

You fell in love with a company and the company is the abusive lover that you can't let go of.

Company abuse syndrome wears away at the victim’s self-confidence, sense of self-worth, trust in their own perceptions, and self-concept.

The recipient of the abuse loses all sense of self and at all times defends the perpetrator of the repeated abuse. Quarter by quarter this repeated abuse via conference call further erodes the victim's self worth to the point the victim makes excuses for the behavior of the abusive company and, by proxy, the corporate abusers.

The vicious cycle of abuse inherent in all company abuse syndrome victims is not easily broken. It can be broken under certain circumstances without therapy. Indictments can sometimes make the victims truly come to grips with how abusive the stock has been to them. Victims may stop blaming themselves when indictments occur and finally realize that they did not deserve to be victims of criminal wrongdoing.

Apologizing to those who were calling out the abuse can also be healing to company abuse syndrome victims. Those on this board who have been calling out the abuse will be expecting your apologies when justice is served. It will help your recovery.