I added on the last "one last Bear Raid" a month ago. Yes this is still a trading stock. if something positive doesn't happen after this "One last Bear Raid" Big Investors are going to start leaving. You can only take so much BS.
This has all been telegraphed and expected... the hits on all levels. Pretty effective recently too,
if I may say. The ruthlessness is quite stunning. The passive aggressive attacks like the Bloomberg
stuff are the most effective ways to tell half-truths and not so accurate "facts", that's for sure! Scary!
Sentiment: Strong Buy
Another one-sided misinform article by Ryan Flinn. This article is #$%$. He is comparing the "Apples to Oranges"! He wrote: "New prescriptions of Vivus Inc.’s (VVUS) Qsymia, on the market since September, have declined 22 percent since peaking on Feb. 8, a drop that analysts say may be caused by high patient costs. That’s led shares of San Diego-based Arena Pharmaceuticals Inc. (ARNA) won’t climb when its drug, called Belviq, goes on sale in the U.S. later this year. " of San Diego-based Arena Pharmaceuticals Inc. (ARNA) won’t climb when its drug, called Belviq, goes on sale in the U.S. later this year. "
1. He can not compare Qsymia, a two generic cambo, to a new innovative drug Belviq.
2. VVUS launch was a failure because they try to do it alone with a small inexperience team of sale & marketing team.
3. ARNA Launch will be a success because they have Eisai doing it with a large experience sale and
Therefore, shares of San Diego-based Arena Pharmaceuticals Inc. (ARNA) will climb when its drug, called Belviq, goes on sale in the U.S. EARLY this year. Another intention mistake, he said later this year.
4. The price declined because of MM manipulation while waiting for the DEA final Schedule not because investors are betting that shares of ARNA won’t climb when it launches Belviq!!!
This guy should be reported to the SEC. Defenetly he is a basher working for the hedge fund managers who shorted ARNA and want cover.
If Ryan Flinn writes another piece like that one, I am emailing his English teacher and seeing to it that he serves a detention. I think he's trying to impress a girl in an Econ. class that he knows how to write. High school students do more research. Sadly, some "investors" will sell on his news. Fine by me. That beeping you hear is the sound of the truck backing up.
The game is rigged for us retail investors. I know nothing can be done until the dea makes a decision but this has just been very bad timing. We are in the midst of a bull market and we are missing out here. My like the dea will finally make a decision and the market will crash nullifying any gains.