Bought some DNDN today around $10 on news the FDA will not require 3 years of additional testing, but merely "further information"

http://biz.yahoo.com/prnews/070531/aqth093.html?.v=6

The great financial website "Seeking Alpha" has been strongly questioning the practices of the FDA panel that sought to exclude Provenge from being considered..

http://biz.yahoo.com/seekingalpha/070529/36622_id.html?.v=1

DNDN's recent high was $25 and had plummeted to mid-single digits. On release of the news this morning, the stock had rocketed up 60% to 13 (resistance level). Missed that first move up there (that was something to behold on Level 2), but decided to buy back in at $10/share. I believe it will attempt to hold here and maybe attempt to retest $11-12/share short term.

And btw, the short position against DNDN equates to 41% of the trading float. That's a HUGE short position that someone has to cover.

Also, I bought QTWW on news that Force Protection, INC (FRPT: Nasdaq) has contracted with QTWW to build a replacement for the HUMMV (HUMMER to you civies.. ;0) FPRT has been one of the hot performers over the past year on their series of mine-resistant vehicles and given the fact that DOD will likely be replacing, and not refurbishing, existing equipment, both companies stand to do well.

The weekly chart just looks REALLY EXCITING on QTWW and combined with the fact that 7% of the stock is short, the shares could see significant upside in coming days:

http://biz.yahoo.com/prnews/070531/lath009.html?.v=101

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=QTWW&freq=2&compidx=aaaaa%3A0&comp=&ma=4&maval=13%2C%2B22%2C%2B50&uf=8&lf=268435456&type=4&time=9&style=320&startdate=&enddate=&size=4&lf2=32&lf3=4

(Note: See that Bollinger Band "pinch" forming on the weekly chart?

The Scrutinizer