ARNA has become a defensive stock....up when the market is down and down when the market is up :)
ARNA is up because the rest of the market is tanking not because of any positive news.
Yes that's exactly what we heard 2+ years ago...let's wait for approval and then fizzle out!!!!!
Come on, they got a 'blockbuster' and could not deliver you think they can deliver on their 'pipeline'?!?!?!
ARNA is being run by shady chars. They are either totally incompetent or just white collar thieves!
That is the only conclusion you can make 2+ year after being the first to get approval for their diet pills.
Let's say I buy your argument....then how long is it going to take to have the pipeline reflect in the stock price? Why should I park my money in a stock that falls 4% when the entire market is up?
What kind of crooks are running this company?!?!? They up the price at the beginning of the year with some good news then proceed to short it and then offer more shares LOL!!!! This is a scam folks, AVOID.
NO...I did buy my first 1000 shares under $2 but then I bought more at higher prices...so I kinda got stuck in holding it. My average is now below $7.