Amen to all of these posts, now what? We all know JL is not qualified to be CEO of a commercial company, or any company, he's a weak leader and not worth what he's being paid. We all know the BOD is bought and paid for by JL and co. Unless you can find an activist, or large shareholder that wants Jack out, we are stuck with his stupid #$%$.
Now we can decide to wait for another product in the pipeline, or sell and move on. Eisai is a conservative + weak/marginal commercial organization. Eisai has other strong pipeline activity and therefore not likely interested aggressively developing Bel for other indications and/or investing heavily in marketing for obesity.
In summary, the pipeline is our only hope for this stock making a run to the area where longs can make a reasonable profit for their long suffering, high risk. Until something happens, shorts/hedgies are in control selling at $5 and buying under $4. This is not a good growth investment situation, it may be a value play, or a value trap. We will know in less than another year when they will need to dilute again if there's no acquisition.
Another flushing just because they can I guess and to strike fear on the long psychology. We just need some pipeline progress to put an end to this manipulation and get the shorts buying, covering and leaving.
Amen, but it's really not a big deal seeing the MD and getting a refill every 5-6 months. If someone is on a weight loss med, or other med I would think they are seeing their doc at least this frequently. Also, most MD's will refill over the phone. I take Humira and see the MD about 2x a year for a brief review.
interesting, thanks. I figured it was the Japan ETF trade, or something that was market related and had nothing to do with the carpy company Eisai. Maybe they just can't market and sell. Imaging Belviq in the hands of a marketing powerhouse? No more deals with Eisai.
agree, over the next 9-12 months assuming the insurance co's continue to add the product to their list.
wrong and wrong, the only new buyers are shorts, if institutions were buying the price would be going up. Angry, tired, LT shareholders are holding.
not sure about triple, maybe at $90-100 oil. I will be happy if oil returns to $70 and GTE doubles.
Numbers are just OK and relative to OREX, not so good, not enough volume growth to off-set the recent price cut, so revs are going down, burn rate will go up...insiders continue to sell every rally, ARNA issues stock, continues to overpay weak, greedy execs, rinse repeat, stock continues to under-perform until someone with some big $ steps in and says enough, get out, stop the madness! Have a nice weekend!
many things are expected, not many have been delivered yet.
mixing cocaine and Belviq could cause a heart problem. If it doesn't, nothing will.
It's a short seller psychology deal, they buy stock on down days so they have fry powder to sell on up days and prevent a rally, keep the technicals from breaking out. .
Great, more confidence building actions from the high performing ARNA execs. Careful, the stock price was almost starting to to get over $5, we can't have that happening. Maybe ARNA should issue another 20MM shares to cover the next 3 quarters of losses. Nice sale, thanks!
The Long Suffering ARNA Shareholders
P.S. YOU SUK