Daniel Gold Hedge fund QVT Financial CEO. Personal friend of Jim Cramer. Both Harvard grads. QVT's billion dollar fund has it's largest holding in VVUS and enough of a stake in Arena to control pps and the only fund invested enough in Arena to cause the bear raid we saw a month ago.
Now we likely know who has hired the bashers on this board. I am exhausting my contacts to expose this hedge fund and I encourage every long out there to write you congressman and report this hot story to local and mass media. It's easy log into their sites, find the contact links, and report. Continue to make history ARNA longs
Another successful day keeping the lid on. They will actually try to run it up tommorrow and then short more at the HOD. This will be their downfall. We fully intend to let it run up and then start dropping enough to trap them. Once regular hours are over the cork gets popped and it will re-open much higher AH. The trap is set and baited now we just gotta coax `em in.
Its a good feeling. Pays to have friends with money who have an agenda for him also. Started Monday and the plan is working exactly as they thought it would. Time to level the playing field and dish out a taste of their own medicine. Plenty of capitol left to keep it up til Thursday then BAMMMM! The tops gonna blow off.
Have only used 10% of their combined cash. "This is like fishing with dynamite" one of them texted me today. Will keep buying everytime it gets knocked down. The start to walking the price up began today. A taste of their own medicine and lets see how they like it.
The buying started today. I have 3 personal friends who run firms and they are all on board. They did say it was hard getting some orders filled but they are still accumulating. There is 18 mill. between the three of them and the buying spree has started. Every time it went down they stepped in and bought. Still have plenty of cash on hand so this will continue til Thursday.