Chardan Capital, are you kidding??? Sounds like an Indian or Pakitstan person working in his basement, probably along with the short hedge fund loser/Fudsters, that would be you. Try again criminal short!
probably right about that, no disagreement. Shareholders have been on them to make a deal, so anything could happen, but for max value they probably need to wait another year, which is why I keep telling them to cut costs and avoid any more dilution.
811, 334 371 or even the ACAD-similar product could all be winners and Bel still has potential in other indications and Obesity if the CVOT is good. Sadly, company has no credibility, so it's a show-me situation.
ARNA just needs one of the 3 pipeline products to work and it will be worth a similar investment, more for 334.
I did the same and CA responded that the stated (restated/2nd timeline) was "around the end of March" I responded that shareholders and analysts consider March 15 - March 31 around the end of March and April x as late and they need to start meeting their own stated deadlines and in this case their already delayed, re-stated deadline.
If they report positive data next week, I'll be less angry. I'm not sure what we can expect from this trial anyway since they were measuring safety data in healthy volunteers, not pain reduction in patients with pain. I doubt we will have a material move either way, maybe .25 up or down. IMO.
Only if the data are fantastic would they get anywhere near 5BB. I can envision a sale of the Hep C asset and ACHN keeping and developing FD with the cash. I really don't think they want to sell.
If they don't have the info out by tomorrow, we need to fire the full BOD. 1st deadline missed, 2nd missed, unacceptable!!!
I guess we would settle for after the close since ARNA shareholders are "settlers". Heck we don't even get a single lick of the loli on harvest moon days. How about a straw hat for goodness sake!
a little option call buying action today, 200 May 10 calls. Maybe it's speculation, or short protection...
they don't need to buy, they get everything free for not doing their job, excluding the scientific team which seems to be doing their job, but has no help for the so-called business execs BOD and development team.
run over and kick some #$%$ at the ARNA HQ. They need to deliver ON TIME, JUST ONCE!