We have a pretty efficient stock market. Everyone here says ARNA should be skyrocketing, etc... So why hasn't it? When news comes out about stocks, the market is very quick to respond. What's your explanation for ARNA right now?
Sales data just started coming in last week. That was only one data point in what I believe to be a parabolic rise in sales. Lest 6-8 data points be posted with increasing sales and then the price will follow IMO. Many of us, including me, have said that sales is the driving force now, HF and WS are holding on for dear life, and if sales do as we expect, they will not be able to keep a lid on it for very much longer.
These are just my opinions, not investment advice
My opinion has changed after reading the B of Amer World Obesity Report of 2012. Arena was listed as their top pick out of 50 obesity investment areas of high to low exposure for investments. Short interest is in play for certain, but I now believe it is joined by major investments to help subdue the stock price for accumulation at this critical timeline of events. That's my opinion and I am sticking to it! We will see after the quarterly reports are released on institutional holdings.....I think we will see an increase of 8% to 12%.
Sentiment: Strong Buy