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Arena Pharmaceuticals, Inc. Message Board

  • fedupwithwallstreet1110 fedupwithwallstreet1110 Jun 17, 2012 6:38 PM Flag

    Some tips for me as we get closer to approval

    These are tips to myself:

    1) Stay off margin
    2) Approval news is the wrong time to take profits. Wait!
    3) Some people may take profit but demand will far outweigh supply in the days weeks and months following approval.
    4) Market makers may try to shake out as many retail as they can (and retail is easier to manipulate) so Wait!
    5) Once approval is granted many analysts will cover the stock and institutions will want to increase their small % (my guess is it'll go from 26% to 60% in the next 6 months).
    6) Analysts will not wait for Qnexa decision to upgrade.
    7) Short squeeze will continue for days.
    8) Any dips is a buying opportunity. Have dry powder.
    9) More people will buy than sell because with proper execution L could be a blockbuster.
    10) Company may dilute. Hopefully not with Jefferies and hopefully with long-only buy&hold mutual funds.
    11) Hopefully management can start negotiating from a position of power.
    12) Hopefully management will bring some commercially focused (not scientific) new blood to the executive team.
    13) Don't put stop-losses (MM traps).
    14) Patience is the key.
    15) Time is on the side of longs. There's no rush to take profit. Market makers and shorts will want us to rush into taking profit because they need their cost basis minimized.
    16) Do not invest money you can't afford to lose or money you will need in short term.
    17) It doesn't matter if the stock opens at 10, 12, 15, or 20. There is no rush to take profit because the direction is upwards (see list of catalysts on http://beta.fool.com/beatlesforever/2012/06/15/main-street-vs-wall-street-due-diligence-countdown/5485/

    19) RELAX... Days leading to PDUFA do not need to be nerve wrecking if you look at the big picture

    20) Position yourself financially to not need money from ARNA shares for 6 months.

    DO YOUR OWN RESEARCH
    THE ABOVE ARE JUST MY OPINIONS AND *NOT* AN INVESTMENT ADVICE.

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