Ha, Ha! I bought your shares! Thanks! This is great - I think we dumped out most of the Murphy subscribers by now (most of them are very liberal leftists and I love to take their money). He told them to buy ARNA but hedge against a big market drop which he saw as coming on July 19 (ha, ha!) and then changed to "by Sept 10" (ha, ha!), so they all sold out their holdings against his instructions! They sure are a bunch of dumbsh#ts - Thanks for the shares!!!! This shoild go up 10% conference day and another 10% afterwards. At any rate it will be above 9 by end of year for a nice 50% gain.
The big Shorts are covering. The last of the dumb-dumbs are giving them their shares. We will go up when the dumb-dumbs(Murphy subscribers and other weak retail idiots) are done, which should be very, very soon!
WRONG! Just the opposite is true. Last time it jumped up on Wed before scripts and scripts were flat. The time before it fell on Wednesday and scripts were up 18%. The institional shorts drop the price to cover when good news is coming and get out. Only retail shorts stay short into the drop. Watch what happens to you tomorrow. Those 1 million shares that crossed after the close were accumulated all day to hand to an institutional short afterhours.
They would have pushed this up and shorted more if the numbers were really off. Everyone is expecting numbers to be flat or worse based on holiday, but the fact is that most doctors and patients have been on before Labor Day but come off vacation after Labor Day if they have kids in school and the old Docs without kids aren't the ones prescribing this anyway because they are adverse to anything new. With very low expectations, I bet we'll do better than most think tomorrow. That's why shorts are scrambling to cover here.
Comments from guys like you are meaningless. You are a negative nellie. Yes, they pushed idiots like you through your stops to get shares to cover.
I've actually had 4 friends who fell over dead while exercising. Two were in their mid to late forties and two in their mid 50's and none were more than 30 or 40 pounds overweight. I firmly believe that Belviq and walking is his best bet.
One script is counted as one script. It does not matter if it is for 30, 60 or 90 days, it is counted as one script Their webpage spells this out.
Amazingly, Eisai is down only 1% and only 100 shares traded so far today! They are banking on Belviq becoming their biggest product and investors haven't sold anything there.
The amounts that Yahoo finance and others show as debt are not debt. They are staggered lease obligations that run all the way out to 2027. Arena currently pays a little over $7 million per year towards these and they increase by 2.5% per year. You need to look at Arena Balance sheet and footnotes to see there is no debt! They will not have to do any financing next year - CS analyst is a blatant liar who is pushing the price down today to window dress the quarter on the last day for their short hedge fund clients. Here is the important footnote to Balance Sheet long term liabilities: "We occupy four US properties under sale and leaseback agreements that allow us the option to repurchase these properties at various dates between 2017 and 2027 and, in some cases, include renewal options. The terms of these leases stipulate annual increases in monthly rental payments of 2.0% to 2.5%. We accounted for our sale and leaseback transactions using the required financing method because our options to repurchase these properties in the future are considered continued involvement. Under the financing method, the book value of the properties and related accumulated depreciation remain on our balance sheet and no sale is recognized. Instead, the sales price of the properties is recorded as a financing obligation, and a portion of each lease payment is recorded as interest expense. We recorded interest expense of $7.2 million, $7.3 million and $7.4 million in the years ended December 31, 2012, 2011 and 2010, respectively, related to these leases. We expect interest expense related to our facilities to total $64.1 million from December 31, 2012, through the terms of the leases. As of December 31, 2012, the total financing obligation for these facilities was $74.5 million. The aggregate residual value of the facilities at the end of the lease terms is $10.0 million. "
This is the last day of the quarter. The hedge funds that are short are window dressing this today to show their book in the best light. They had CS, who they deal through, break the price and they're attempting to keep it as low as possible. You should be buying, not crying.