Jack and friends stink to high heaven. The ineptitude is beyond ridiculous. Down 50% in 5 weeks. 60% in 8 months. Heads need to roll, specifically 325 employees who sit around jerking off on our dime. 3 years post Belviq approval and there is no BelPhen, no BelSmoke, pipeline under-developed and clearly under-funded.
That little revelation would set fire to the share price. Jack. Arena is now in dire straights. Please be honest and straightforward with the owners of your company. You know. The 99.5% that own shares that 0.5% insiders don't?
Approval in EU? They haven't even resubmitted! What are you talking about?
Yes it must be true because you say so. Our market cap is not $600M but 1000% more at $6B because you say so.
Please forward this to Jack Lief. The last CC played out like an episode from The Walking Dead.
Not Arena. 325 employees friends and family. Hard to let go. Arena is like nepotism in big government.
BelPhen and BelSmoke studies completed but everything shelved. No clue why. Arena continues to suffer through 2025 which was deemed as its transformative year. These are Jack's words.
I am long but detest the incompetence of management. I voice my frustration here. Jack and his ilk have made every conceivable mistake in the book and we are paying the price. Why am I still here? I believe in Belviq as it worked for me. I believe in the science and technology but it is all for not without good management to push and promote the company. Look at Acadia. Look at Receptos. Why couldn't arena be that and more?
Yes that is Jack Lief working hard to increase shareholder value didn't you know? 50% in 5 weeks is the worst performance Arena has had in it's history barring a binary event. Again send Jack your kind regards.
A deal isn't even close hence the falling share price. Look at what RCPT did 1 year prior to buyout.
Please send Jack our regards!
Quit your BS please. $1.25 here we come, nonstop Jack Lief express. The whole company can be bought for $600M now. Insiders own less than 0.5%. No one is interested hence 5 straight weeks of losses, hence worst performance in Arena history in regards to stock price.
No support here for the retail or institutional investor. At $5.15 Jack stated that Arena is woefully undervalued. What about now at $2.50? This is the worst run company in biotech. Can't wait for the next batch of insider sales and the 13th dilution.
What used to be 2015 has now become 2019. Longs need to be even more patient, right? Let's get the share price to $1 with 500 million outstanding shares.
I believe in the science thus I am a shareholder.
Jack Lief and current BoD are not capable of pushing the pipeline through to where it needs to be. They are incompetent, insensitive, and self-serving to the highest degree. Proof is in the current share price.
Simply put. Do you trust ADP-334, ADP-371, ADP-811 and so on with Jack Lief? I don't. Jack must go.