Down 6% over last reported period and down 3.6% off its 4 plus year lowest levels... I would say that is a good sign and a reason to accumulate...
11/13/2015 - 24,340,204
10/30/2015 - 25,879,900
10/15/2015 - 29,092,766
9/30/2015 - 29,315,911
9/15/2015 - 25,801,024
8/31/2015 - 25,269,668
Bashers say what you want, shorts are covering and tutes are accumulating this stock and keeping a lid on it. They would not be doing this is Arena was "worthless or going to zero, or going bk", so please stop with the fairy tales and the FUD. Real longs are not buying your thesis or FUD, they are buying cheap shares...
What you have to ask yourself is why do this? We just had a corporate update a few weeks ago. I am thinking we have something in the works or something to announce.
I sure hope so. Everyone else will that are serious about driving revenue in that space will be.
If what you say is true, then why was Arena awarded all of the patents in relations to these drugs in the pipeline? Why will all drugs using this science have to now pay the Arena toll on every pill sold for years to come?
If it was copy cat science then someone else would have the patents and the control of the science.
May I elaborate?
In the past we have seen the scripts consolidate and drop during the holiday season and then expand and almost double by the end of the next weight loss season. With Belviq XR coming out and us maintaining 12,000 per week average it appears we could easily get as high as 20,000 per week as a peek for 2016 weight loss season. Not going to maintain and hold it tho, we will drop back down as we go into slow season this time next year.
Well then the answer to I wonder if, would be no..
They did use Best Efforts... Have you read the agreement.
Sorry but 1 thru 3 are not true statements.
What we do have going for us is that we will have Belviq XR filed shortly, and we are going into weight loss season in 6 short weeks. Scripts should move up providing more revenue. Cost cuts will stretch the cash that we have on hand to allow us to get to Phase 2 completion for much of our pipeline be end of next year.
I believe Belviq could get up to 20,000 scripts per week during the 2016 weight loss season. And with great news on the Phase 2 front we could see partnership activity.
The sad truth is that Jack and his management team did in fact destroy the shareholders in Arena in the short term. Long term, I believe we have a lot more value then 3 billion. But we will go through more pain as shorts and tutes try to gain higher levels of ownership.
It is not safer, it is less evasive for the babies to use a nasal CPAP device vs. intubation. And if you have to intubate more then once it can be traumatic for the baby. It will make treating babies easier, safer and less traumatic....
So they need to see if aerosolized Surfaxin is making it into the lungs in high enough doses and concentration to be effective. Then they as we saw tested the safety and tolerance of the babies with the aerosolized versions... Next few studies will be efficacy results and success rates... But we have to get through 2b first.