CS has a report out today actually reaffirming their $4 PT even after earnings, gee, I don't see that popping up in the headlines. I just see the BS jefferies report that is so vague it's not even worth reading. The analyst from Jefferies who has been covering ARNA has been chronically wrong on it both bearishly and bullishly, somehow people still listen to these dum dums...
enjoy dah rally, it will be measured in hours not days...then the chronic downtrend will resume
credit Suisse is still reading the terms of the SAC/Steven cohen plea bargain agreement which, I believe, only covers civil case and leaves DOJ open to go after stevie criminally.........
If you mean Credit Suisee, you can thank Jack Lief for that. He has displayed little interest or respect for the analyst community. You wont see reports issued about the partnership for the major firms until they decide to care. Companies with strong Wall St. relationships get reports, upgrades, comments, etc. within 12 hours of some material change/filing.
HR, no manipulation..LOL! Until they decide to care? You must mean when they have covered their short shares and decide to go long...Good old boys club and JL who I dont care for did throw them a curve ball...JL doesnt like CS analists and never has..Glad to see CS was not on the cc asking any questions..CS is black balled and cs has lost its greds
but there was a change in eisai expenditures as to belviq. eisai doubled its salesforce on belviq.
and there was a change in the added 60 million dollars cash that obviates any foreseeable shareholder dilution.
and the extended agreement did alter to the upside (big time) the $milestone payments arna can attain.
and the new agreement did have eisai kick in 50 % of further research and development.
and the new agreement is highly probative of the notion that, NOW, POST SIGNING OF EXTENDED agreement,,,,,,,,that Eisai will work at its MAXIMUM ABILITY to sell belviq worldwide.
eisai's incentive to sell belviq has been amped up significantly. that is a variable that wallstreet investors WILL TAKE NOTE OF.