We finally got to under 1.50 but I have not put on a core position yet. Looking very very hard at it tho.
The sad part is we should have never been down this low and this news should have taken us back up to the highs..
HELLO !!!! MC FLY !!!!!! are you there?
You are not very bright are you... Fortunately for you, you have no money in this game so you will not get financially destroyed for being wrong.
you and your shorts friends going to do now? They will start a Phase II now and if results are "Impressive" we will be starting partnership talks. That is a multi billion dollar market all over this world.
Primary objective was safety secondary was efficacy. No label change was being sought as of last communication. So Dr.s scripting Phen now know they can add Belviq to increase weight loss
This is true unless one or more of them are caught on the wrong side of a short trade or the pairs trade made when they went long VVUS and shorted ARNA and got burned on both trades... Then they ignore the potential and the future outlook and focus on this week and next month and next quarter and all the competition coming up over the next 2-5 years.
I would not say it is just Bashers. As a long I have not been very happy with the performance of management and in fact have been very critical of decisions made along the way that I did not agree with. Bonuses are given when someone exceeds their goals or milestones. This management has rewarded itself year in and year out as tho they are knocking it out of the park every year. When that in fact is not true.
Hmmm, I for one have had my concerns with management decisions long before the current price contraction. Selling off the rest of the world to avoid having to answer for their EU incompetence and then selling it for pennies on the dollar did not make me happy, was just one of the BONNNNERS I posted about. In hind sight, I should have watched what they were not doing, vs. focusing on the science and the market size. Would have allowed me to double up.
Well a little more then 72 hours later or 3 days we added 145 to that number so we are at almost 50 a day or 1500 a month. I would say they have picked it up a little.
National Airings 9,153
Spot Spend Rank 412
Spend Rank: 538
Airing Rank: 401
You are describing the bashers and the short shrills. Longs have been saying all along slow and steady 2-5 years out.....
Only issue they had was on the non clinical data. Everyone knows that, and trying to turn a mole hill into a mountain os comical.
You bashers want to biild a case on unknowns and safe harbor atatements. That is all you have.
Obviosly, everything Arena could have done to study Belviq has been done. Even the FDA rep at the SECOND PDUFA said over 20,000 echos where complered what more can they do. So the 5 year Phase IV was put in place to answer those long term questions for this new and novel drug.
Sad that they come here and bashing Belviq, it will do nothing to help the drug sales of either company.