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Arena Pharmaceuticals, Inc. Message Board

  • staccani staccani Jun 26, 2012 12:09 PM Flag

    Last day for Hedge Funds to cover

    This is maybe the last chance for Hedge Funds to get our shares cheaply. The price keeps going down as they try every possible scare tacticts to shake weak hands, drive price down, cover their shorts and change into long positions.
    In fact they might even be able to keep price down soon after approval, but not for long. So what I am going to do is to keep cool and invested for quite some time, regardless of sudden abrupt movements before and after approval.

2.74-0.01(-0.36%)Sep 4 4:00 PMEDT