Arena Pharmaceuticals, Inc. Message Board
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Its a Go....Too Much Volume for this to Have Not Passed
The leak has reached the Institutional players as Millions of Dollars chase this into the teens. If they are this strong at buying after the climb already look for a number into the upper teens at least on approval. This is a rocket.
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Finally, someone who "gets it"
Yes-- this has been approved, and it has been leaked. Do your DD and Google FDA leaks, and FDA insider trading. You'll see tons of examples of past leaks of approvals AND denials just prior to an announcement.. and the stocks skyrocket, or nosedive.
When these can be proven, there have been arrests- but not that often.
AND THOSE ARE THE FACTS
If you sell now, you're either a p/u/s/s/y, or just plain stupid.. take your pick -
naw, no leak. Just a realization that the time has come!
Consider the evidence:
1. no rems so far and as each day passes now and we approach next wed, it's more and more unlikely the fda will come out and derail the approval.
2. approval is obvious to anyone that listened to the adcom.
3. talking heads have all but shut up or come out in favor of arna.
4. volume. Tons of it.
5. shorts - frying like hot butter in a pan. Plenty of meat on that bone to feed a rally for days and days.- 1 Reply to matese16
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HE he he He Said "Plenty of Meat on Bone To Feed Rally " Like Dat One !
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Do you really think Theresa's been a leak?
- 1 Reply to targa86guy
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Institutions have simple math parameters that determine their positions, entry and exits. This chart is off the map toppy yet they are still buying? Im sorry they are making committments here that are not ordinary. No Institution spends millions upon millions at these levels when it could be taken away in seconds. See you near or above 19 upon approval. Look for the Hype crew to step in when this is near its top. The hedge is silent as they are still covering. Look for executions that go through at the half penny. Those that do are 99% covers.
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correct------see ya in high teens
volume massive
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