Added another 100k between 5.81 - 5.90.....folks, the current price is a gift from the shorts....while it could go even lower, I will continue to add at 5 levels.
Patience is needed. I have no idea when traction is achieved and hockey stick begins...bottom line, the drug works..people are losing a lot of weight with minimal side effects...the medical community has a hangover from fen-phen and perceptions change slowly, however, dr's cannot ignore the results of patients losing weight and improving co-morbidities.
All of short talk is noise...they have shot their wad....all it takes is a couple hedgies to go long....and it will happen...i have 6 brokers who I talk to on a weekly basis...all of them are aware of my large position and they have stayed on sidelines....I got a call from 2 of them last week asking me about what I know re ARNA...their clients were asking.
Majority of Retail and Wall Street are followers, they will jump on ARNA bandwagon when we have doubled from here, say in 10-12 area...in the meantime, the long thesis is playing out...increased insurance coverage, DTC, patient testimonials, tv news exposure...follow the narrative...everything is moving in positive direction...is it moving as fast as we would like...heck no...if your not holding options, why sweat it
This is a miracle drug..ask anyone who has taken it....these opportunities come once in a lifetime, I have clarity to understand the potential outcome...a true BB.
As always do your own due diligence. This is not investment advice.
Shortie has not shot his wad....Only thing that will change the downward spiral is the CC and JL had better support the sp..Data will change things and that means scripts, partnerships, etc....things that make money
Totally agree, I also call it a miracle drug. Never has ever worked for me before. Belviq totally helps control eating AND akcohol. I know there is buzz in PSY community for drinking. Seems like a 5.77 base, I continue to buy but alas only 5k shares. PS What are option strategies? I am long on 7s and down bu also have 6 leaps in the $
Irrational escalation – the phenomenon where people justify increased investment in a decision, based on the cumulative prior investment, despite new evidence suggesting that the decision was probably wrong.