As of today....ZERO response from IR, the board or Jack. I will keep writing none the less. I am also going to start a letter writing campaign to the major institutional shareholders. If I receive any replies I will post them. BOL
When do you think our CEO will act like a CEO and reduce management salaries, and reduce the workforce by a minimum of 25% to match revenues with expenses. It is time that management lives within their means. If that results in shelving one or two of the pipeline drugs for the time being, I am all for it.
If any one on this board ran their company like Thief, we would be railroaded out on the next train. Unfortunately he seems to be protected somehow.
It is time to enlist some of the Tutes to vote him out at the annual meeting via proxy voting. Any one with experience with this I would like to hear how we can mount a serious campaign to have him voted out completely. I do not want him as the COB or the CEO. He has no clue what he is doing with the business.
Enough is enough.......
Totally agree. Unfortunately we have a management team that totally offsets all the good you have outlined. Until the CEO is gone, and IR becomes effective, we are going to be stuck in the mud. BOL
You must be kidding....our current CEO could not successfully run a One man marching band...He would trip and fumble all over himself......Time for him to go......
As a follow up....I have had several email conversations and phone conversations with the Editor in chief with AJN. As a member of the ANA, and EMA, they take erroneous reporting seriously (his words not mine) and promised a full investigation. They asked for all of my research and I directed them to the FDA websites, Bloom and Blossom studies for all medications mentioned as well as follow up requirements for each company and where to locate.
They said they will re-research the article and retract if warranted.....we will see....
Jack is...Proven by his sale last July and then adding shares at the expense of the owners of the company. He is an overpaid, under qualified CEO who needs to step down. He may be a smart scientist but as a businessman he is about as bad as they come....
Like your enthusiasm...but the potential revenue to be generated is this new country is about equal to the entire market share in the single state of Mississippi.....Let's keep it in perspective....
I have a subscription and sent the following letter to several of the editors......
I would like to call your attention to a gross negligent error in your current issue.
When referring to medication used for CVOT trials, AJA incorrectly stated that Belviq has a high risk of CVOT. The author further goes on to state that Qysimia has the best safety profile.....Here are the facts.
Belviq is a Seratonin receptor blocker and has NO impact on CVOT. In fact of the current 3 medications Belviq is the only medication not required to have further studies performed post FDA approval.
Qysimia has an open label restriction on CVOT outcomes and must include the warning on their medication label. VVUS the manufacturer is also required to provide additional data related to CVOT.
Orex has recently been issued FDA approval for their weight loss drug and also have a black box warning.
Of the three medications, Belviq has proven in both the FDA studies as well as over one year on the market to have the best safety profile and efficacy.
Please provide a retraction of this erroneous reporting. Your article will be forwarded on to the SEC for investigation of reporting erroneous data in an attempt to obtain financial gain. Until proven otherwise, I will assume that this was shoddy and incomplete reporting. I expect and demand better from a publication representing my profession.
All is well....Still standing pat with my 40k long shares. I did add 10k trading shares and am doing quite well with them....Last purchase around 3.50 with sell yesterday around 6. Still chump change compared to the really big picture but it gives me something to do while this plays out. Take care
Don't know what to tell you....Me I have a core position that is going to sit tight, and a trading position that has done very well over the years......All of the DD I have done tells me ARNA will be a very large success so I will be holding onto my core position for as long as it takes to reach 18-20.. How long that will be, who knows. BOL in whatever you decide to to
Well Said Sonic.....I read the report this morning and was like "that's nice" but did not expect the activity that we saw. NO ONE KNOWS for sure what will happen...Just have to trust your DD and watch. BOL
jayrod....Get Ready to Fry....What dope shorts a stock with the amount of short shares that ARNA has following a 100+M Volume day....Ever hear of margin calls.....