please explain? I think any ARNA shareholder would be happy to have another partner for the smoking indication or anything commercial. Eisai might not want to fund a smoking trial. Bel was not all that effective as a single agent, they might need Bel+ something else to compete on an efficacy basis.
short term traders are disappointed, smart investors see the value of JNJ in validating the science. Patience, no buyout soon, but good long term potential. Go ask the patient PCYC investor if they are disappointed.
wake me up when this pig is over $8. $4's is a joke, someone should be fired for this!
looking forward to access one day soon I hope. Come on CIGNA, it's no longer "experimental". I'm 53 now and past due to get checked.
That's what I see when I look at the chart on the right. Maybe it will hold up, maybe the BB's are buying, maybe it will be different this time, but insiders are rushing to sell more shares, so I don't buy it.
Hoping/thinking this is the drug that gets ARNA's stock price much higher, but I am OK if it's one of the others. Receptos is at $5BB or about 5x. Thanks S9!
sell some puts, that's usually a good way to enter below the current price (but not yet and not ever for me).
He should have resigned years ago and enjoyed his ill-gotten gains. He's pushing his luck now IMO. The new exec from GENZ seems to be more than qualified to replace DJ. I just hope he stays on long enough for me to make some $ on the puts.
Next possible stop based on the chart is $13. If it breaks $13 it could go to $10. Let's see who files their stock selling plan tonight? It's nice that Dan got to go first and hose the rest of the execs. IMGN insiders sure know how to max their personal value and don't give a hoot about the shareholders. Only Dan's resignation can stop this debacle. IMO and speculation based on watching this horror show for many years, not advice.
not me, I am riding this pig down. Based on Dan's filing, I expect more insider filings to follow. It's too predictable, they do this every time, pump and then sell, rinse and repeat. It's boarder-line criminal IMO.
Maybe Dan is retiring. After his rapid insider sales actions this time, shareholders must require it. If IMGN doesn't hold $14, say goodnight. Watch for more, similar filings to come, they all want out.
Before the ink was dry on yesterday's pumpimg PR, Dan filed to sell his remaining shares. You can't trust Dan, that's why I sold (way too soon). $14's is still a gift IMO.
I hate the shorts more than anyone, but this move is way overdone. Sure, it might last another day, or not. Lower entry points for anyone who buys Dan's BS will be coming soon IMO.
I'm sure they are busy raising some for their own wallet today...Dan sold stock not long ago at $8. We will see the insider sales filed in a few days IMO. WOW is this overdone. I bought my first IMGN puts near the close. Probably a good sign for longs!