Total failure in leadership. It truly is legalized theft of retail shareholders for the benefit of Jack Lief's friends and family and mistress.
Otherwise headed back to $1.00 or less with that many shares that no one clearly wants. Can't even sustain the tiniest of runs. Down to $1.80 yet again with ease.
I am afraid of that as we have seen it time and time again. Over and over. Pump. Dilution. Dump. Arena's specialty. For now I am enjoying this tiny tiny bump in share price.
ARNA is better than KITE is several corporate metrics including number of shares and employees!
ARNA 250M shares
KITE 50M shares
ARNA 325 employees
KITE 185 employees
ARNA has so much going for it and so much to look forward too. ARNA has been masterful at identifying compounds and pushing them to market, mapping out corporate strategies and executing them with efficiency resulting in impressive return on investment for shareholders.
Wait. I need to put this bottle down! I had better not drive tonight!
Wow! 41 thumbs down. Imagine having to log in and out of 41 accounts to get this kind of effect. Sad. Very sad.
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.