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Seattle Genetics Inc. Message Board

  • biogemfinder biogemfinder Jul 2, 2012 3:07 AM Flag

    OT: ARNA

    While I am sure many on this board have heard and have already build the position in ARNA, it got FDA clearance last week and will undoubtedly be a blockbuster drug in obesity arena. Unfortunately, the hedge-funds and the shorts, with colluding MMS have been able to suppress the price to no end. Clearly the WS thugs bet on the wrong side and can't stand the fact that retail investors own >70% of the outstanding shares.

    Due to high short interest and manipulation, the stock is hovering around $10 a piece and very likely will rise to 20 or more by the year end. Not to mention the likelihood of buyout offer ANYTIME.

    To understand what is going on and its background and all, you need to read no further than Michael Murphy's SA article:

    http://seekingalpha.com/article/682391-arena-pharmaceuticals-how-good-can-it-get?source=yahoo

    or watch a youtube video he posted before the Adcom meeting:

    http://www.youtube.com/watch?v=E4C8gV6gprU
    If you spend the time to watch the youtube video and his articles ..you you need all the info for your DD.

    I am sorry to have sounded like an Arena pumper, but thought some of you may be interested as well. This is truly a stock that presents once-in-a-lifetime opportunity, and if there is even more demnd from the rtailers like you and me..perhaps we can beat the wall street and hedgefunds thugs at their own game!

    The pps is likely to head north rapidly starting this week, though. Pleas do your own DD and be careful all the garbage and lies that are rampant in the MB and so called expert writers in SA and motley fool among others...

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