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Arena Pharmaceuticals, Inc. Message Board

  • sprint2victory sprint2victory Mar 19, 2013 11:14 AM Flag

    Wall Street knows Federal Registration is IMMINENT

     

    Be a Buyer here

    This topic is deleted.
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    • Who is this "Wall Street" you speak of? Except for a major shift in Novermber of 2012, the insttitutional ownership has been fairly static. I would have expected stock price to be rising as a response to institutional demand. Many posts here blame the action on shorts holding stock price down and hedge funds manipulating stock price. Here is some data from previous posts I have made to this board on the Etrade Fundamentals page for ARNA:

      4/9/2013

      Shareholder Equity
      Shares Outstanding 217.5 M
      Institutional Ownership 43.62%
      Number of Floating Shares 216.2 M
      Short Interest as % of Float 28.38%

      2/19/2013

      Shares Outstanding 217.3 M
      Institutional Ownership 43.47%

      For 1/14/2013

      Shareholder Equity
      --Shares Outstanding 217.3 M
      --Institutional Ownership 41.80%
      --Number of Floating Shares 215.7 M
      --Short Interest as % of Float 24.38%

      November 16
      Shareholder Equity
      Shares Outstanding 217.3 M
      Institutional Ownership 41.28%
      Number of Floating Shares 215.7 M
      Short Interest as % of Float 23.62%

      11/6/2012
      Shareholder Equity:
      Shares Outstanding 216.8 M
      Institutional Ownership 29.94%
      Number of Floating Shares 215.7 M
      Short Interest as % of Float 26.16%

      Hang in there LONGS..but I haven't seen the climb of institutional ownership to the 60-70% levels many posters claim is standard for pharmas.

      ryt2

      Sentiment: Strong Buy

    • leak about dea...attack confirms we will get scheduling, we are at 60 days since comments ended

 
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1.52+0.05(+3.40%)Feb 12 4:00 PMEST