I don't agree with your statement that someone with a very large portfolio would not spend time on the message board. What if that person wanted to try and help keep longs invested, wanted to hold shorts and the bashers to the truth. What if that person has spent time educating some on here about how rigged the system it, here not just being the ARNA board.
What if that person was an OSJ for 20 years and managed money for years and began to hate the game so much he left and just manages his own accounts and those of family and friends. What if that person has a network of folks he is mentoring and teaching how it invest and maintains his network for old contacts.
Nah, they are making investors aware of their company and its products, pipeline and patents. Dog and pony show, the more investors that follow you the more demand and stability in your stock price, minus the manipulation.
On a side note I would hate paying my tax bill, I would almost have to hop a plane and disappear for that large an IRS check.
While I would love it this were true, I just don't see how we get there so quickly unless the launch is over the top successful like 50,000 scripts in the first 30 days and even that I don't see getting us there.
Would be nice tho, I could cash in for almost 8 figures.
That number is as of 5/15/2013, they always report a little in the rears, so that the big guys don't lose their competitive advantage or reveal their proprietary trading, at least that was their excuse to Congress and the SEC.
They won't know about it in some cases and it is not in the system. But get them to call corporate to check if they are going to stock it. If enough calls come in maybe corporate will decide to carry it sooner. Usually Costco is behind by about 6 months.
Belviq, diet and moderate exercise is how you will get the best results. I am sure stopping the cravings will help people lose weight but using it to assist in a lifestyle change is the best way to get maximum results.
Someone who can't see the forest for the trees and will nay say and bash this stock all the way to a buyout at north of 40.00 a share in a few years.
You do understand I am long right and have been since long before the first PDUFA and FDA CRL.
But up .20 a share is not a blood bath it is not even 3%, the blood bath happens when we are up 30% over a couple weeks and the shorts realize they are on the wrong side and their margin calls start coming in.
up .20 is not a blood bath, heck up a buck would not be a blood bath. A blood bath would be watching this stock run to 15 bucks a share quickly, that would be a blood bath.
You make money in the market either buying low and selling high or selling high and buying low.
Shorts have a thesis, they did not believe Lorcaserin would be approved, got that wrong. They believe that the weight loss of just over 5% placebo adjusted is not enough and therefore no one will take it. Problem is that is not the real world weight loss, you have to add back in the placebo weight to the person who is taking the drug. So they will get much better results in the real world.
I could go on and on but the last part of their thesis is that Belviq will suffer the same failed launch that Qsymia had. So until their thesis is blown out of the water they will stay with their shorts. They were partially correct regarding the EU, we did not get rejected but we would have so now EU is aways out just like Qsymia is.
Even the Guidance that Eisai gave recently and the upbeat CC and events Arena has been having have not swayed the shorts. They think the numbers are bogus and Eisai is not to be trusted.
I like the way 8 more business days sound. Monday is a holiday so no trading, so 4 days next week and 4 days until the 7th the following week.
Shorts do not have enough days to cover.
I would like to add that based on Eisai numbers 1 million bottles will be sold in the next 8 1/2 months until their fiscal year end which is March 31,2 2014. I put it to a spread sheet and came up with 200,000 scripts over the next 8 1/2 months. If you calc it out using your numbers they won't hit 1 million bottles by end of March if they hit 60k scripts by Jan 2014. So I think we will either get much larger numbers earlier on or much bigger numbers by Jan.
trades into a million bucks his first pick was Arena and then he was going to parlay that into another stock?
He had been doing a couple videos on it. I can't remember the guys name, been so long.