Do you think the Black Box warning, additional CVOT trial requirements and lengthy restrictions has much to do with that!! FDA may have approved OREX but with all the restrictions they have killed the stock. IMO it is headed down at least into the low $3 range and possible even $2 range.
That is assuming they can even sell it. With the Black Box warning and additional CVOT trials required, IMO they are finished.....Sooner than VVUS...who would have guessed that one....
Orex could have 10,000 sales reps and it will not make any difference. With the Black Box warning and additional CVOT trials required, they are done before they even get started. Have to question the FDA motives and how they handled this. They could have given orex some warning, not that I own orex, but once again our government agency slaps around the little guy. IMO if this had been BP they would have told them a year ago some of the probably restrictions so they could make an informed decision as to whether or not to continue with the NDA. Sooooooo Tired of our government.....
As a member of the medical community I have seen first hand what happens to a medication when it receives a Black Box label.....Only in an extremely rare and life threatening situation will a physician prescribe a black box medication....JMO but basically OREX is dead before they even start. Appears that ARNA has now come out as the true winner of the three and once the short position unwinds I am looking for some nice solid positive movement in the share price.
They may get approved, and then again they may not. In the end they are just a combination of two generics and will ultimately go no where. WS is playing retail there just like they played them in VVUS. Sure if they are approved they will go up, but WS will play with it for a while and then crush it. The only truly new medical treatment for obesity is Belviq, and the continued sales growth proves growing acceptance by the skeptical medical profession......OREX is DOA...Great play for the approval, but that is the end of their very short story.
What planet are you from....Most longs have purchased their shares outright and have tucked them far away from shorts who DO historically purchase on margin. Get real joker.....My 40k shares are tucked away safe and sound fully paid for. Soon to add additional shares when it gets to the point I feel it will reach....BTW check out my post in July regarding JL sale where I stated that this was going to go into the $3 pps range. While I was blasted by many pumpers at the time it turns out I was correct. This current price will not last long, all a knee jerk reaction to a faulty IR department. Sales continue to increase and the pipeline continues to advance. True DD reveals that patience is the key with this one. How high it will go I do not know, but in due time any one who does not fold and stands strong will be greatly rewarded. ARNA just needs the short position to unwind. All of this of course is JMO.
Warrants repeating and moving back to the top. Forget about the SEC and let's just watch sales continue to grow.......
Thanks Sharon....Steady as she goes....even in the dog days of summer we are still increasing...3%+ w/w growth is a great target. Patience will see 15k per week growing to 20k per week and more.
Wow...TWO whole post under your user ID.....Posting old information and trying to spread FUD yet again. 18 months on the market and efficacy is better than the trials, tumors were already addressed and dismisses and heart valve problems are non existent. Go back into your hole you ignorant fool.....Ignore
Good Point...I knew of another company, DDS, who snubbed WS for many many years. Their stock was pegged between 25-35 pps regardless of earnings. They went out of their way to trash the members of WS. When the crash came in 2008 they dropped all the way down to $3....Management was forced to place new members on the board that were both retail smart and wall street savvy. The stock is now trading North of $115. Sales helped but opening up to WS and selling to them did more good for the stock price.....Jack will retire in a few years (I hope). Originally felt this was a minimum 2 year hold but now am willing to hold for 5 years. Watched too many investments skyrocket when patience was the tune of the day.....If this goes really low I will double down on my 40k shares, assuming that the fundamentals do not change. Right now it is just a hold and watch stock. No quick money to be had.....
Yahoo censors block most of the positive news....they appear to be a corrupt as the WS crooks......
The SEC is only concerned with three things IMO
1. Is a potential Case a very high profile case that will scare the masses
2. Any selected case MUST be a slam dunk or they will not touch it.
3. Finally they are only concerned about their cushy government jobs.
IMO they are a true pile of dung........
For those expecting them to step in and research price manipulation you might just as well be waiting for the second coming of Christ, or if Jewish, the First Coming.
Just forget about seeing them come in and doing anything with ARNA, it does not meet criteria 1 or 2 stated above.