Unfortunately, with a four day week this week, I don't think that next weeks script numbers, IMS, or Symphony, are going to be that much better, if at all. So the short side may have next week to have a few more parting shot.
WHOA ! REALLY ??? WOW !!!!!!! You're so SMART !!!!!!
The Symphony script threads are OBVIOUSLY SCARING people away from the stock since there's absolutely NO VOLUME of shares that have been traded today. WOW !!!!! That's some real effective bashing. I have never, in all my years trading, and investing, ever seen a thread subject so devastating in it's effect , that it could literally freeze the share price at one price point, on absolutely NO VOLUME.
It's almost as if the market was CLOSED TODAY , and no shares were traded, and the price stuck at the previous days closing share price.
How the heck are they able to do THAT ?
WOWIE ! WOW ! WOW! WOW !
I can't wait for this strange trading day to end, and for Monday to come, to put all this crazy trading day behind us.
Make the bad man stop. Please make the bad man stop.
The false number will be proven to be false before we ever get to Monday, so stop over stressing about the lying #$%$ on this message board. They can't effect trading today. The markets are closed. And any misinformation they peddle today will loose most, if not all of it's misdirection power by Monday. Time wasted on their part, since it won't matter by Monday, and time wasted by everyone else that's throwing a bunch of hissy fits over the lies that we've come to expect from them. Did you expect that the hyenas would change their ugly looks just because you don't like them? They're hyenas. It's who they are. Know that. and chill.
Is this a four day market week, because of easter, and Good Friday.
And why do they call it good Friday, when Christ is said to have died that day ? What was so good about that? The good was when he arose, but the dying part , I don't understand what's so good about that.
Yep. Longs aren't selling, and that's not helping shorts to cover. second week in a row of this happening. he short funds play their games, but longs aren't playing with them.
Treading water pattern.
And Stocktwits is seen by all the traders on the trading floor. Read Howard Linzon, the guy behind Stocktwits celebrating that, and sharing that news, with his twitter followers yesterday.
It would be nice to think that the huge April and May call positions are due to new institutional investors absolutely loving ARNA, but the truth of it is that huge call positions are insurance for hedge funds that are most likely going to try to drop the share price below $6.00 before each dates option expiration. That huge volume does indicate that they are also worried , in a very big way, that their attempt to tank the share price, and have it close the week below $6.00, will fail.
Just be prepared for the game.
Probably not, since they will be rolling dough for the next couple of years, at the very least. More, when Belviq gets approved for smoking cessation, with ARNA getting a bigger percentage of the action.
So the day started with 600,000 available to short, Then it was 1,200,000 available to short. And now it's 1.700,000 available to short. That means that since the 600,000 number was first posted that 1,100,000 short shares have been covered above $6.24, since that's the amount, above the 600,000 shares that started the day off, back in the market makers inventory of shares available to short.
Will it make me a rich porno star? If so, i'm all for it.
It also means that since he first posted that there 00,000 shares available to short when the price was in the $6.22 price range, that 600,000 short shares have been covered above that share price, since the share price just a minute ago was $6.30.
The hedgies that shorted haven't covered, partly because ARNA longs won't sell. But the hedgies have deeper pockets, and can't wait, and wait, and wait. They've been betting that retail can't do that.
I think the reason why ARNA is not out in front of the Belviq news, or happenings, is simply because the prime mover regarding Belviq is EISAI. It's Eisai's money. It's Eisais' product. It's Eisais' marketing program. They are the spokespersons for Belviq, and there's probably somne sort of agreement that ARNA just keep it's yap shut as far as the marketing of Belviq is concerned. From Eisai's positn of view, this ensures one story, one voice. Not two . This is regarding the use of Belviq as a weifgt loss drug., But things could change regarding using Belviq as a smoking cessation drug, since ARNA and Eisai are splitting the costs of the 12 week phase 2 trials. In that case, if I'm ARNA, I want more say in what's said to the press, and how the drug is marketed. Money talks, and right now it's all Eisais' money.
Funds that wanted a larger position shorted the stock with over 60 million shares shorted. They strategized that they would make money when they finally covered their short position, and then they would use some of that cash to establish new long positions at a lower share price, after they covered. They have much deeper pockets than the average investor, and felt that they could take as much time as they needed to motivate longs sitting on a loss to finally give up, and sell. And some of that plan worked, but not all of it. ARNA longs have done their own due diligence and know pretty well that they are holding a goose that's going o be laying golden eggs for a very long time. So they haven't sold their positions, no matter how long the short side has tried to make them sell.
But now we have Eisai footing the bill for advertising, and the commercials have been released. At no cost to ARNA. Whatever the shortside was waiting for, well, they've pretty much run out of time. So they are buying tons of calls to hedge their final bear raids, because if those bear raids don't work, AGAIN, they have to be ready to make money on those massive call positions.
The times, they are a changing.
The only reason you can't see them is because , being naked, they're INVISIBLE. everybody know THAT. But a vowel. Get a clue.