I forgot to ask. You were there at Arena. Please explain to me the typical workday for the 325 employees as well as the execs. Please be detailed. As you stated 4 years post Belviq approval and no other molecule has been advanced. Thanks!
Ouch. Someone just kicked me in the sac. Amazing how little 325 employees are required to do to earn their keep. Arena is completely ineffective and impotent on so many levels it is mind boggling. 19 years and billions of dollars wasted with nothing to show. I bet each and every one of these Arena employees would thrive as government workers.
Discovery will allow for identification of each and every thief and thieves' guild. I'm all in. I will contact the appropriate attorneys.
Where do I sign up for the class action? Plenty of naked shorts in Arena 2012 to 2015. Let's get it going.
Correct. The only talks were from way back when when Jack supposedly snubbed a $10 or $12 offer and did not tell the investment community. That would have gone a long way in terms of preserving the shareprice! But no. We sit at $1.50 and back to square one. Belviq? Strike 2. What a prickweed Jack was.
You must be new here. Let me fill you in. Nothing of importance will be discussed or revealed. Arena execs will stumble through 20 min presentation. 2-3 questions will be allowed. Onto the next CC. 20% drop in value. Rinse. Repeat.
Close as in study completion in 2018 with Arena and Eisai dragging their feet until 2019 to release results? Yeah really close. Maybe Arena will have 500,000,000 outstanding shares by then. Great news.
Clearly no one cares. Market cap $300M with price per share $1.50. Sad. Very sad it has come to this. JL had a chance to build an amazing RCPT like run in January 2015 but chose to sell out right away as usual by selling 40% of his shares at $6 and diluting Arena immediately upon that news release. That was the breaking point. The last straw that broke the camel's back. It was at that time where JL lost the little faiith and commitment of the investment community.
Where is the PR from Arena? Eisai?
Where is the off label use of Belviq for prevention and treatment of diabetes? You know it is legal now for reps to market off label indications within reason. Commercial and print ads as well.
It is as if Arena wants to help shorts cover... Which they have with ease to the tune of 50 million shares with a drop in price from $12 to $1.50.
$1.90 swatted back to $1.50. Not a chance in Hades. This stock has been broken since $6 when JL sold then diluted!
Yeah that same self said sell at $5 when JL did too! I hate when I ignore self, thinking I know better than self. Duck you, self! Duck you!
Yes and here we are at $1.50. This is a joke of a stock without any doubt.
Ridiculous! Insiders buying yet? Where's the beef?
I will put one share up for sale at a limit of $10. Buy it from me so we can all feel better about a 500% gain until reality hits tomorrow morning when this falls to $1.50.
Useless Eisai. Useless CEO. Useless BoD. Truly its time to sell for whatever price. Market cannot bear another 10 years of dilution and another 10 years of lies and excuses.