The PPS reflects the amount of sales. The stock is $6 not $60
Not enough money to cover expenses?. I guess the amount of advances Arena got from Eisai in the 1/4 billion range and the lack of ANY funding for VVUS or OREX is NOT important. ?
Leaving out mention of how both VVUS and OREX are using risky PIPE convertibles to pay the bills appears to be beyond your understanding as well,
They assume every bio-pharm is good science and bad business and the sell side will always pan out, Then you get an Arena.and it makes you look like a schmuck, huh?
He usually has the comments turned off..... because people who know the facts call his bluff.