buy shares someone has got to sell shares. There are NO MORE SHARES TO BUY!!!!
Shorts having to scoop up the long positioned shares!!!!
IMHO, I think you're selling this company very short. Pardon the pun; Company reported it will report on 5 drugs moving through the 2nd and 3rd phases of development. It already has one approved drug, with the right marketing could easily reach 1 Billion. Next, you already have phase one results of the APD 371 which had better Phase I results that Receptos. RCPT sold for $7 Billion and did not have nearly the pipeline ARNA has. Additionally, ARNA has $163 Million in the bank. Also, the ability to use $1.2 Billion in NOLs.
JMHO I believe there is a reason Amgen and Gilead took out $10 Billion in the last 6 months.
I am long ARNA
IMHO the deal is already done.....CFO left-no fight, CEO resigns has nothing but positive words to say about the company, layoff of 80 personnel with parachutes; Only thing, left to do is have the buying company announce the acquisition!
M&A playbook all the way....by the way look at the Jan options shorts have hedged their bets to the upside.
I'm long ARNA and again JMHO......
I think we're in for some tremendous news!
ARNA should be $9-11 Billion easily; JMHO
I am Long ARNA
It is the pipeline potential that matters nothing else in early stage biotechs. Arna has shown it can produce period!!!!!!!
Look at the last few M&As; DYAX is no where near ARNA
HOW DO YOU NOT ACCOUNT FOR 2.4 Million shares or your website of record, and this is a NASDAQ traded company?
Thank you Zacks
multiple acquisitions. WHO TBD!
Bring on new team who understands he legal ramifications of M&A; Step 5 Always-Always let the buying company announce the M&A.
WAIT OR IT,WAIT FOR IT!!!!
I'm long ARNA
Bring on transitional team that understands how legal M&A activities work, Step 5 always-always let the purchasing companying announce the Merger!
JAN Options are telling the story.
I'm long ARNA; JMHO
Analyst rate a strong buy $8-$9 price target.
Enjoy your day longs!
HFT at work, too funny.....
What's that got to do with the paper?