We have already seen RED today. That is how ARNA is played all along.
This Launch will change some of the mindsets. Some might be be #$%$ off that the drug is not available today. But that's not what I have expected. They need time for logistics.
PLUS it was not a easy ride for ARNA. It came across lot of Land Mines and survived. I can;t say it a good job. Management could use some good PR. They need to work more with analysts and generate good PR.
June 7th is the launch date. ARNA will cross $10 by that time. June is end of a Quarter. Those who are the side lines will start loading shares especially the Mutual funds. By end of July ARNA will be at $13 PLUS By Aug 7 where are earnings are due, we will see Analysts upgrading and ARNA will reach $16-$18 time frame.
Some one wanted a timeline. I think this is a realistic timeline. Will my prediction works ? well, If I can guarantee that one, why would I be typing this in a message board. I will be working for Warren Buffet!
Looks like RVBD is in accumulation mode. The trading pattern for last few days, seems to indicate accumulation. Either there is a buy out news coming soon, or a positive news about recent merger and its positive effect on earnings might come out!