this is like a GIFT from GOD! If anybody who held on since FDA approval sells tomorrow, and takes a loss, you will be kicking yourself when the Drug Enforcement Agency rules on BELVIQ. I must have saw today a dozen obese Teenager's who's leg's were larger then my biceps, and I work out 4 day's a week! The United States Of America has a serious problem with obesity, WE ALL know this.
Europe is not important at this moment in time, the United States Of America is where BELVIQ will make a name for itself, there are 52 state's in this country (USA) and BELVIQ will be in every pharmacy in this great country of OPPORTUNITY.
Jack Lief founded ARENA, he NEVER sold ONE share of ARNA, keep this in mind. Today was disappointing I must say but, nothing has changed other than an UNBELIEVABLE BUYING OPPORTUNITY. If I had some dry powder, I would BUY hand over fist Friday.
I don't know what else to say, all LONG'S hang tough and don't get discouraged.
Sentiment: Strong Buy
Look, an 18% haircut is NEVER A GIFT, you idiot, unless you are short. Sure, if you had measly 100 shares and now plan on adding another 50, than good for you. Many here had to endure this painful DEA process and a snow-balling short volume for MONTHS now, while adding on the dips when people like you kept declaring that it couldn't go any lower and it was a gift! Now this absolutely abhorrent sell-off and it's a gift? Go Away!
Before we reach the promised land, there is the issue of tomorrow. Yep, it is going to hurt. Lube up your orifice of choice. The pounding starts at 9:30 am EST. DO NOT TRY TO SIT DOWN. It will really hurt. Focus on why you own ARNA while Mr. Market has its way with you.
Yes, it will not be pleasant but it also won't be as bad as everyone thinks. How much did VVUS drop when the EU rejected them?
Today they are a 1.3 Billion dollar company and at 5.98 we are the same market cap. But consider this we have a new novel drug we designed and patented, we have a huge pipeline with great potential. Those calling for 6 bucks a share are not being realistic about ARNA valuation at all.
I think you meant to say their biceps were larger than your legs cause otherwise they would simply be normal looking kids. In the mean time I will just be averaging down (a lot!).
They weren't normal looking AT ALL!, to much junk food makes you look like a ROLY POLY. They can eat #$%$ everyday and I can work out everyday and they will look bigger than me even after lifting so much weight at the gym.
Sentiment: Strong Buy