What do expect. Their marketing partner is going full speed ahead with 900 sales reps, a goal, ans a marketing plan
It's called a PLAN !!!!!!! Arena management has nothing and has had nothing for 2 years in regards to Belviq
You do realize that quarter over quarter they have increased their holding 30% Starting from the 44% level after the raise to 58% last report.... That is not stealth selling.... NEXT !!!!!
And rated 1. Irresponsible for them to maintain thise numbers. Buyiut or Surfaxin sell off is not happening. We are not moving forward fast enough, they are slow boat to every plan. .
Wow, finished at 2.1 million shares. We started out painfully slow but the volume turned up the last half of the day for a green finish.
That was a pleasant surprise.
I dont think they hate us, I think the market has no faith in management or their ability to get things done. They have truly accomplished very little so far. And the only drug approval they managed to get they missmanaged, lied and covered up the rat issues, which are now biting us in the butttt now. The oipelinr has great potential but what damage can be created getting to the finish line? Hence why they stated a lot od bad things could offset the good in the future. If history and past decisions are any indication, we could be in for a lot of pain waiting for the pipeline to hit. For the record I loath Jim Crammer and his stooges.
Utter silence from out leaders. The vote was not atrong enough to send a whimper let a lone a big message. It was 10% of the voted or 5%ish of the float. Status quo
Your assuming he had a choice. I don't think this move was voluntary he was clearly let go. Resign or risk getting fired. By resignung he is free to destroy the shareholder value of many other companies.
level management. Then the stock will gain traction.
Or you are asked to leave because shareholders are upset and want to see change. Many out there believe that he lied in the CC and clearly did not have a handle on the finances of the company. Stating he could manage the cash on hand with no issues and 3 weeks later did a money raise and diluted shareholders by 10%......
He is a corporate officer and answers to the BOD and Shareholders.... If he was man enough he would have spoken up, and the stock would have garnered support .
The guy was a liar and could not do his job. Was asked point blank by and investment analysts with the amount of cash left what they were going to do about the cash burn. His answer, we can manage with the cash we have on hand. 3 weeks later they dilute and raise capital... Total #$%$...
So I say goodbye and good riddance.... We need someone who will look out for the well being of the company. If our revenue is not coming in fast enough, STOP spending the money like a bunch of drunk sailors.
The marketing rights are owned by Eisai and it will cost a lot to pull them away. It would more advantageous to bring in a new partner to buy the marketing rights from Eisai. Oh wait that already happened and Eisai was to greedy. Cash up front and a small sliver of the pie going foward.
This shows how clueless the BOD and Management are. They think that the stock is under performing because they don't own any stock. IT IS UNDER PERFORMING BECAUSE they make and made #$%$ decisions that are costing shareholders billions. They have a partner the refuse to hold accountable and have keep their heads in the sand hoping for a HAILMARY touchdown from a lower tier drug marketer.
Wall Street is voting, and that vote is that Jack and his management team will destroy the company before anything of value hits the market.... And they have done nothing to push back or prove them wrong so far.....