I ignore about 90% of the fruits and nuts that post here. Never is a long time, but I have to agree that cuts and deals are needed urgently; dilution is not a shareholder friendly strategy!
that seems to be the bet today and maybe why they hired the WS analyst. It's going to be either an acquisition, or they will need to sell more shares. They are in a better position for either now the the criminal USPSTF has become more reasonable and neutral. Someone should sue those Bass terds, but it's probably not possible. They cost me a lot of $$$.
yes, cuts and deals is what we need along with a laser focus on the stock price!!!
yes, this kind of discount does not happen very often unless there's a company specific negative event.
very little, if anything you said is true, CFO is 38, not 94, costs are being reduced and they have one of the best hedge books. Since you made this up, I assume the rest of your post is rubbish. Maybe you are the professor?
I'm looking for deal and cuts, or preferably cuts then deals. Nice entry point this morning!
shorts have already won the battle and taken most of their cash off the table. Just one joker left here to taunt us while they finish covering. We longs are just hoping for a few scraps. If they could just get me out at $4-5 in the next year I would be pleased to move on with a little piece on my rear end remaining.
Shareholders (OWNERS) demand action to make the stock price go up, not to continue supporting the failed people (business execs and BOD) and policies of the past. Keep a few scientists if we must. All others should be focused on doing deals (partnerships, or acquisition, not dilution deals) and developing drugs and maybe 1-2 bean counters, but not the $400,000 variety. A decent controller should cost no more than $140,000. People need to start performing!!!
Signs of life, where? Actually it appeared to me the larger biotech stocks in the IBB did well today while the smaller stocks XBI did poorly, but what do I know.
they should do more with their assets and cut 90% starting with the BOD fools that allowed this mess. New management should be 100% focused on the stock price. Old management was clueless in terms of running a business, really everything except basic science. Shareholders invest for a return, not to pay for greedy, destructive execs and their families. We have families too and we need a return, exit, liquidity...
yes, I keep asking them about cuts. As far as I'm concerned, they could cut about 90% of the people and costs (all of the BOD) and just develop what we have in process with partners that know how to design and lead clinical trials, gain approval and market a drug. Nothing they develop today will see the light of day and add a dime to ARNA's value. If Dominic wants to continue doing research, spin him off let him have access to the patents for a percentage of anything developed and get rid of his large salary also.
better turn off the cartoons and get back to work spewing falsehoods...although in the case of ARNA the jury is still out. Potentially great science and products with terrible exec management.
I'm just tired of the lack of progress, exaggeration, delays, inaction regarding the burn rate, they could and should have avoided this coming cash crisis, or low-priced dilution by cutting costs...they are handing out options like candy and golden parachutes to the losers that got us into this mess. I want shareholder price appreciation to be 1, 2 and 3 on the their agenda.