good question, why don't you contact him and ask when JL is retiring. Email is Firstinitial Lastname at arenapharm and you know the rest. Let him know the shareholders are in favor of hiring a new leader with a track record of success that can communicate above the 8th grade level (we would be excited, or very excited).
Why is it taking them so long to hire an IR professional. I like Craig and think he's an excellent communicator and he's very responsive, as was Cindy, but JL really needs to retire. Something is going on, just not sure if it's something good, or something negative for shareholder value. If the track record was stronger, I would load the boat big time.
come on man, this is just a wish, not even a real rumor. Why would PFE want to get involved with Eisai and ARNA? I don't buy it, but I am tempted to buy more ARNA because it seems like something is happening due to increased stock and option volume.
Very little from your list above is happening...not enough and not fast enough. That is why price is $4, stupid, slow CEO and the BOD that continues to retain him.
many shareholders including me told them to do this 2 years ago. Things move slow in this industry and especially slow at ARNA and IMGN since they have the worst, most shareholder unfriendly CEO's.
over 10,000 Jan 2016 $7 calls have traded. OI is currently listed at 9317. We should check OI again tomorrow. 10,000 calls is an option to buy 1mm shares at $7 in 480 days.
Jut to make sure everyone is clear, I confirmed with ARNA. Looks like that will not stop the H&S that shorts have engineered, so looks like another test of $4 could be in the cards. Either way, it seems like the ARNA story is turning positive and it might be nearing a solid bottom and a significant rally, or LT bottom. I can see ARNA back to $6+ by Jan. IMO.
I confirmed with ARNA, Jack converted options and holds the shares. Still not sure what caused the rise and the fall. I was thinking the filing caused or contributed to the fall and if so, the stock should move back up. Many other bio's had a large negative reversal on Friday around the time BABA started trading and continuing today.
Frome the analyst estimates table you can see IMGN execs apparently guided revs higher some time within the past 60 days. Now they will never meet expectations and we will suffer another beating, probably back to single digits based on the current price and trend. This company is run by MORONS!
Current Estimate-0.15 -0.19 -0.72 -0.64
7 Days Ago -0.15 -0.19 -0.72 -0.64
30 Days Ago -0.15 -0.19 -0.72 -0.64
60 Days Ago -0.28 -0.28 -0.90 -0.60
90 Days Ago -0.28 -0.28 -0.87 -0.65
You're doing a great job of destroying shareholder value and IMGN. Thanks also to the Do-Nothing BOD who are failing to protect the shareholders from this Terrible CEO. You should all be ashamed and then Fired!
I am checking with ARNA, the filing is not all that clear. It does not show a sales price, but it did say 100,000 in red under disposed. Looks like a big H&S pattern has formed. POS stock can't stand prosperity. I wish Jack would just retire, or sell the company.
I think it's going to close well based on the sales numbers. Only worry is a BABA top signal. Markets reversed hard after the stock opened.
Excellent numbers, ads finally starting to increase awareness. Once the Bel-Phen news/awareness increases we could see much larger increases, a repeat of history without the side effects. Who the heck is selling/shorting here?
after a H&S top let's see if there's anything to this rumor. Maybe Monday or after the close or maybe another false start. Stock is too cheap either way, it's a buy IMO.
where did you see this? If so, good for them (finally) and they need to keep on going. There are too many VP/SVP hanger's on that are doing nothing to enhance shareholder value. Maybe Bus Dev will be next. I can think of a few more ppl I would replace for sure...
see the new 8k posted on the Nasdaq site. These people have no shame and no clue about their responsibility to the shareholders. CEO, IR, Bus Dev, most of the BOD are dead wood and need to be replaced. IMO of course.