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Arena Pharmaceuticals, Inc. Message Board

  • brianluxen brianluxen Apr 1, 2013 4:54 PM Flag

    There are 217 million shares OS and in the float

    There are plenty of Shares to be had. The MM's aren't looking for them by dropping the pps. If news ever comes then maybe the float will shrink some.

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    • Does anyone on this board know the exact share count for retail and institutions. I've heard and seen all kinds of numbers talked about, i.e., 55% of OS to retail, and 35-40% for institutions?

      217M OS
      119M - shares to retail (55%)
      76M - shares to institutions @ 35%, or 86M @ 40%
      195M or 205M owned

      Which leaves 22M or 12M in the float?

      Now add in the estimated 61M short shares with no ownership.


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