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Arena Pharmaceuticals, Inc. Message Board

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  • ri66 ri66 Aug 15, 2012 5:19 PM Flag

    Want some experienced advice? read this post

     

    Hmm after the close I see where there were 24 million shares traded and the stock goes nowhere, so there was money made and lost in these trades but the substance of this post shows the story, the people with conviction just get screwed in what otherwise would have been a profitable day - by the happless trades of a bunch of dummies.

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    • are you suggesting that the average retail holder, the happless trader as you put it, is responsible for 24 million share volume?

      Wow, I'd like to know those retailers. We have to party on their retail megayacht drinking their retail million dollar shots of vodka ;)

    • You aren't under the impression the Hedge Fund Shorts (around 39million last count) are trying to keep a lid on the institutional accumulation thereby keeping current PPS down or constant?

      I just can't believe they were able to pull this off, IMO Hedgies won the battle today but they are going to lose this WAR!

 
ARNA
1.59-0.09(-5.36%)Aug 24 4:00 PMEDT