I hope I atleast saved a few of my fellow longs here. Been long since before adcom and got out yesterday. I'll be back when the MMs are done flushing those that were caught being too greedy.
biotekker I commend you as I am very long and wished I could trade, my luck is no good and I do not want to loos 1 share as it is going to be the stock of a life time. I see you are sinsear , at what price did you buy back at.
Sentiment: Strong Buy
I believe biotekker is sincere. He has learned from experience. I am sure he understands that some of us don't feel comfortable timing the market when there is so much potential in this equity. Bio, I hope you get back in before good news hits. Could be sooner than later, could be...
Yes, this is correct. I believed that post PDUFA approval ARNA would have headed to 15+, but a paid off Cramer came out AH and began the crush that sent ARNA down all the way back to $7.50 and the MM's have controlled ARNA in a channel to steal from the "hopeful" longs ever since. All I did was expect the MM's would try to run the same playbook this opex that they have ran for the past 6 months and try to grab the 28,000,000 bucks from retail call buyers.
Bought back a little today just to have some skin back in. Today#$%$ might have been it and we move higher, but probably, they keep hitting it to make the 10s go worthless for Friday. Volume is also lower today than yesterday which indicates that yesterday was the top.
Why didn't you get out last year at 13.50? Being long means "I don't care if the stock goes up and down a buck" due to market fluctuations. Stocks will adjust after a quick running up.
A long has long-term goals for a stock, a conviction, and won't sell or buy for no strong reasons. You should stop calling youself a long, period.
Tekker is not long , he has no crystal ball , he probly didn't even sell .. That's If he even owns ARNA .. Just no reason for the arrogance "next time I warn you , you better do what I say , cause I'm the king " GTF OUTTA HERE .. You are no one .. Just another retail like the rest of us .. Who may or may not get lucky buying in cheaper ..