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Arena Pharmaceuticals, Inc. Message Board

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  • roy_burch roy_burch Jul 25, 2012 10:20 PM Flag

    How long can "they" keep the price down..Serious input only please!

    My father and I did alot of research the first time it poped after the PDUFA and we found that 9.50~ was fair market value. I dropped all my shares when it hit the 12.20 mark the day before the bad bear raid. This stock is going to be stagnant for the rest of the year... European approval is in that bag pretty much and everyone knows it. Which is a major advantage over VVUS, but ARNA has to share a major slice with EASI. Obesity is not covered (yet) on most insurance plans. When a "simple" novel drug is introduced it takes years to get the ball rolling. They didnt cure cancer, just a lazy fat kill pill. Just my 2 cents, but I would get out and play some of the earnings coming out. Companies are losing big time everywhere, and that makes for better gains than a stock rising. If you use options you'll know what I mean. You'll make 100% more on fear, rather than greed.

4.19-0.01(-0.24%)May 22 4:00 PMEDT