Take DNDN Profits!

Lock in Quick Winner

By Bryan Bottarelli
Monday, April 06, 2009 9:32 AM EDT
Mon, 6 Apr 2009 13:32:00 GMT

PLAY: Sell your DNDN April 5 Calls (UKO DA) at or above $2.30, good for the day

Dear Bottarelli Research Member,

Good morning. The speculative play that we made late in the day last Friday is paying off today. As the markets open the day lower, shares of Dendreon (DNDN – NASDAQ) are continuing to move higher, as expectations about their upcoming data on advanced prostate cancer vaccine Provenge continues to ignite a speculative firestorm. As a result, the DNDN April 5 Calls (UKO DA) that we entered for $1.75 have opened the day at $2.47, good for a nice 41% gainer. Let’s go ahead and lock in the profits now!

PLAY: Sell your DNDN April 5 Calls (UKO DA) at or above $2.30, good for the day.

As always, I’ll be out with further updates as the day progresses. Until then…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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