If it holds great. if it don't, I'm out of here for good. Slice it anyway you want. todays numbers are not good. I want to be a believer, and am, but I'm losing patience FAST!! We need to be able to warrant a $1Billion market cap, and right now it just doesn't. We lost out on the EU, we lost out in Switzerland and Canada is going to be difficult as well. The only hope in my opinion now is a BUY-OUT, and what is a buy-out worth today maybe $10 yikes , that suks!
Don't get me wrong I am not greedy and have made huge profits from my original investment. I bought back in this range on the EU debacle, and have watched with great sadness since. I don't usually use stops, but I have one in place for the time being that we are in the danger zone! GL
imo, only way to beat shorty is to hold long term. first of all, imo,,, usa mkt, ALONE, can take arna into cash cow, blockbuster, multibagger status. secondly, in due course, its reasonable to assume belviq and its future modified iterations will be accepted in various countries ex/usa. thirdly, imo, right now most americans have never heard of belviq so i say its not fair to judge belviq until it becomes introduced to usa citizenry. at that point in consumer awareness.......it is fair to adjudge how poorly or how well belviq is doing commercially and its future prospects as well. Esai has not done the direct to consumer ads yet. let esai unfurl all components of its belviq commercial rollout. esai had ample time to think through, this commercial rollout strategy. they should be afforded reasonable time to unfurl their strategy. ITS TOO QUICK FOR FOLKS TO BE COMPLAINING. i have to assume esai knows how to effectuate a successful commercial rollout......moreso than the posters on the yahoo mb.
This has been a let down since fda approval. We did enjoy a nice run leadung to the first chmp but that about sums it up. Been slowly accumulating jan 15 strikes but even then, i will only use 2-3% of my money on arna at this point. It is what it is.
Most frustrating stock I've ever owned in my short term as an investor. Definitely a long and painful learning experience. But what's kept me sane is investing in other companies in the meantime. ARNA is still my largest holding and I believe that my patience will be rewarded...question is WHEN? Makes it harder to see other stocks making money while ARNA is in limbo.
It's still very early in the game. You know what will happen in the next two years; DTC, ROW...but this is dragging on far too long for some people. Like I tell my friends...in two years I'll be a rich man OR putting up one of my kidneys on the black market.
I've enjoyed reading your posts. But whatever you decide, good luck and I hope you prosper in all your future investments.
most frustrating ? has not msft sat at 30/sh for over a decade, up until price movement this year ?
take a look at sppi (cancer biopharma)
arna is no different than large number of corps experiencing similar price action/behavior - especially for small float, small cap stocks. I dont find arna to be unique in that regard. these companies , when they make big moves, do so when least expected, imo. thats why sideliners lose out.
clearly,,,,,,,no one can time the market. folks who post that they do so,,,,,, are not honest. these posters do NOT post their ":losing trades".........they only highlight their winning predictions. thats not fair nor useful to others.
Ha. I bought today also. But it wasn't the first time, and I seriously doubt it will be the last time. The trick for me is to sell a few shares on the run-ups so I don't get bummed out when it drops. I'm getting paid, while I'm waiting, to get paid.
Eddie, The problem is there has been no run-up. I sold on the run-up or should I say run-down $10 then $8. Then bought back in after the EU debacle in this range. I bought again today, hoping for the best. We are in the danger zone and it's either a great ,or more misery ahead. I am trying my best not to sound to negative, I have plenty at stake!
Glad you made money . Now let the shorts get on with their escape. They appreciate your gains going forward. They have outlasted a number of folks. Hope your next bet goes up next day.