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Orexigen Therapeutics, Inc. (OREX) Message Board

  • jiarealty jiarealty May 23, 2011 3:21 PM Flag

    Give Orex 6 more months till kaput....

    If Orex had good news would have announced it long time ago. Stall tactic until nowhere else to go. Most likely Orex is stalling to get another product to replace failed contrave. The smartest person is Orex CFO that bailed early on and probably now enjoying the sun on some Carribean island after cashing in on Orex prior to the collapse. If Orex drop more, having a short position, I hope to be on the island soon myself...a free vacation from Orex is not a bad deal. Orex management really screwed the longs.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • ten dollars

    • At best you are up by 8%...shorting Orex I am already up by 46%. You keep forgeting, its not the shorts that is bringing down Orex, its Orex management screwing the longs. Orex is the only company I am aware of that keeps the FDA waiting for a response for this long. As much as you are hopeful, the writing is on the wall. By december, most of the longs would have sold Orex for a huge loss for a tax write off.

    • Hopefully friday will be the start of a significant rise in share price over the coming weeks followed in the near future, by a reasonable arrangement with the FDA(about one year of further studies) that would allow them to seek approval for Contrave.
      That should be enough to put an end to your psychotic rants going forward!

    • Based on my calculations, when Orex hits $2, I will cover 50% of my short position. The rest is freebies and I will let it ride to the end. The fact that Orex has been silent for so many months keeping the FDA waiting gives me more confidence by the day that Orex has nothing and that Contrave (the only pony the entire fortune Orex is riding on) is history. No company in the right mind keeps the FDA waiting for so long for a response. We are very close to Orex taking another big drop soon. Orex is burning through cash with no end in sight. As market capitalization shrinks, Orex will be delisted and that is the nail to the coffin....Longs on this board are very foolish. Orex management fleeced the longs but at some point, the party is over.

    • I like Arena and their newest drug Lorcaserin and have placed my bet accordingly........but I'm wondering if there's more downside to OREX are you expecting BK or delist, which? Will you short til the last man standing at OREX?

      Thx

    • ARNA is 10 times better than Orex. At least they are a discovery company with strategic alliance with big pharma. Orex discovers nothing (just a combo pill maker) have no allinaces with anyone, and basically on life support. I would be careful with ARNA, cash flow not looking too good these days. However, if you are placing bets, I would place it on ARNA any day over Orex.....I like to bet on sure things, that is why I shorted Orex.

    • theres one true ahole like yourself on all the message boards. keep up the good bashing work.

      • 1 Reply to nyfakf
      • No need to bash....Orex management has done an excellent job of bashing Orex to the ground. Rather than being angry at shorts you should be mad at Orex management. The difference between long and shorts is that shorts saw bad management and product from the beginning, longs was hopeful and enticed with the idea of a magic weight loss drug. Longs bought a great idea but a lousy company, product, and management that came with it.

 
OREX
5.98+0.01(+0.17%)Dec 24 1:00 PMEST

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