Is It Worth Rolling The Dice On Dendreon Corporation(DNDNQ), Roche Holding Ltd. (RHHBY) and Lucas Energy, Inc.(LEI)?

Posted by admin February 12, 2015 0 Comment 2106 views

New York, NY – GDP INSIDER  –  02/12/2015.

This article discusses three companies:  Dendreon Corporation(OTCMKTS:DNDNQ),  Roche Holding Ltd. (ADR)(OTCMKTS:RHHBY) and Lucas Energy, Inc.(NYSEMKT:LEI)

Dendreon Corporation(OTCMKTS:DNDNQ) the biotech working on developing therapeutics for cancer patients announced yesterday that no additional bids had been received for the purchase of the bulk of its assets and would be going ahead with the sale of the rights to their cutting edge cancer treatment drug Provenge and other assets to Valeant Pharmaceuticals (NYSE:VRX) for $400 million dollars. This deal still needs to be approved by the court on February 20 and should be finalized by the end of the month. The stock dropped another 72 % closing at $0.0511

Why Is Dendreon Corporation Plummeting? For Full Details Of The Effect On Dendreon Get Our Free DNDNQ Analysis Here.  

Roche Holding Ltd. (ADR)(OTCMKTS:RHHBY) a leading biotech focused on creating differentiated medicine closed down 0.85% at $32.69 following the announcement that Pfenex (NYSE:PFNX) is developing a drug that will directly compete with Roche’s ranibizumab injection, Lucentis. Lucentis generated about $4 billion in sales in 2014 and was approved by the FDA on Monday for additional uses in the treatment of diabetes.  Roche stock price is close to its 52 week low of $32.55 but its strong drug portfolio, even with increased completion, should allow it to rally to its 1 yr target estimate of $42.20.

Should You Onw Roche Holding Ltd? Get The Complete Picture Of Roche Holding From Our Free Analysis And See Where The Value Is.

Lucas Energy, Inc.(NYSEMKT:LEI) the Houston based oil and natural gas company continues to rally from its 52 week low of $0.06 on February 3rd. Lucas has been struggling and announced on February 2nd that it had defaulted on a debt in December but, following the announcement on February 4th that it was in Merger talks with Victory Energy (OTCQX:VYEY,) the stock has started to gain momentum again and closed up 31.25% at $0.21. Lucas has not yet signed a definitive merger agreement yet but if the deal goes through as planned there is significant upside potential.

Will Lucas Energy, Inc Continue To See Its Shares Soaring? Know All The Facts Before You Invest By Getting Our Free LEI Analysis Here.

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