VVUS has a bad quarter and ARENA gets BONE FCKED. My patience is waring very thin lately, I bought many shares of ARENA back in July 2012 at $11.64 and more on the way down, my cost basis is $9.64. What I'm trying to say is this, I know there are very strong catalysts ahead for ARENA, but I just want out but with some gains. There is no crystal ball for this but, will ARENA see at least $12.00 by the end of APRIL? I hear #s in the high teens and the 20's, I'm not waiting for $20.00 dollars a share. This stock keeps getting BUTT FCKED.
Long ARENA- GL
bernie my boy.. try to play the odds. imo i am not a fan of af nor cramer afs hit blog made alot of sense to me.Yes some of the views i know are just to hit arna and vvus but vvus results were real poor.Can you get 12 bucks withi the next two months.?yeah.but imo you could just as easily see 5.You got imo 3 catalyst areas. once every 3 mos earnings. Insurance and,or pharmacy changes for the better or script numbers being released.
Sounds like you may have purchased some April call options and want them to expire in the money.
I think you should reconsider your stance on this stock. Selling this as soon as you get back to a little profit might sound good and feel good but how will you feel 6 to 9 months from now looking at a stock price of 20.00 plus?
i agree bernie and it #$%$ me off to see the hf,mm;s,and tutes playing their manipulation game but when earnings come in that game will be over.hang in there i know its frustrating and woould love to seebad thingshappen to these people....