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Arena Pharmaceuticals, Inc. Message Board

persistdb 10 posts  |  Last Activity: Feb 3, 2016 12:24 PM Member since: Oct 10, 2005
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  • Reply to

    This one makes 5 positive articles in 5 days

    by sirflopsalot Feb 3, 2016 3:35 AM
    persistdb persistdb Feb 3, 2016 12:24 PM Flag

    EYES has a new CEO and that might help the company as it will set new goals and growth targets for the company. So, I think this is sort of a new beginning for EYES, as it will be run more like a company and less like a medical project. jmho

    Sentiment: Hold

  • persistdb persistdb Feb 2, 2016 3:11 PM Flag

    We probably won't have to wait that long... Raymond James analyst is projecting 60 dollar oil by the end of 2016 due to supply demand issues... ie World oil demand is growing with lower gas prices and non- opec supply is rapidly shrinking... down 25 percent last year and another 25 percent figured for this year... As the independent oil producers cannot produce oil at a profit when the price is 30 dollars... Look for a big turn around later in 2016

    Sentiment: Buy

  • persistdb persistdb Feb 1, 2016 11:09 AM Flag

    Hoffman,,, thanks for the heads up on selling too early.. I do have a tendency to get out early. I use the chart more than fundamentals.. But I like your approach and I am sure you do very well in the markets..
    What are your fundamental indicator triggers when you buy a stock?

    Sentiment: Hold

  • persistdb persistdb Jan 28, 2016 4:38 PM Flag

    Been there done that... So I understand...
    I have had some experience with reverse splits.. and at least for me, the company total stock value usually takes a hit in the short term.
    I don't think there was much warning of the coming RS, so you were in it before you could do much about it . I bought it after the split and am still in the red, But personally, I am thinking the company is good and the share value should increase. But that is just MO.
    My target is around 7 dollars per share.. and I think it may do that as it is a very conservative figure to bounce back to. That would be about a 50% gain from here. I think Yahoo has a projected 1 year price of around 16 for the next 12 months.. I would love for it to go that high. Good luck...

  • persistdb persistdb Jan 28, 2016 4:19 PM Flag

    OK, I won't bother you any more... other than to say share count did drop dramatically and share price rose dramatically,, but not in equal proportion.. If you are holding shares and bought before the reverse split... then I think share price will have to go back to around 12 dollars for you to break even... (just my rough estimate) . So I really understand your complaint. So you took a big hit,, and I would say the short sellers drove it down into the ground, really.

    So you will have to force yourself to look at the future and determine your best move. You are the only one that can call the shot...
    I am in it for probably a year or more..
    If it is a good company,, then many good investors will give the stock 3 years to make it to pay off as an investment... Like I stated, I'm personally planning to hold this for up to a year,,, As long as the company looks to have a bright future...
    Good luck, whatever you decide to do.. Getting someone else or some expert to make a decision for you is usually not profitable ,, I have found that to be true.

    Sentiment: Buy

  • persistdb persistdb Jan 28, 2016 3:56 PM Flag

    There is no earnings per share forecast since the company is still in the red and not projected to be profitable for the next year,,, although losses are projected to be cut by 1/2 to around 50 cents per share...So if , for instance next year they only lose 30 cents per share they will beat street estimates... which is what everyone seems to fret about . I like companies that show profits.. but I like companies that are growing rapidly in Revenues even more.
    You just experienced the folly of using EPS as your main reference of a companies worth,,, when the reverse split decimated the EPS indicator. Looking at total revenues and projected revenues,, the company is in straight line linear growth. Looking at EPS is almost no use at all in this situation because splits and reverse splits changes EPS fairly dramatically. Yet the companies worth does not usually change dramatically, and revenues are not directly affected when the stock splits or reverse splits...
    Still, I understand your concern... and I'm no expert... But EPS is better used (IMO) on larger companies like DOW stocks,,, etc.
    Again,,, JMHO

  • persistdb persistdb Jan 28, 2016 3:40 PM Flag

    Not an expert here, fyi.
    Bought due to revenue projections... not eps projections...
    Rev last year,,163 M, This yr...194 M, next yr.. 245 M.
    Also like their business model. Costs little to buy into the program, pay to FCEL is in power used. I like the independent power idea, so have power if the grid goes down... Hospitals, other agencies might like that,,,,
    Also, since it has low carbon footprint,,, will be popular for tax reasons and the carbon tax,,, so it is green technology.. And cost per killawatt is also competitive with the grid.
    I think good for a 12 month play... unless it goes up quicker than that.
    JMHO

    Sentiment: Buy

  • Reply to

    offering

    by ruswise Jan 26, 2016 3:29 PM
    persistdb persistdb Jan 26, 2016 9:31 PM Flag

    Thanks Lladi, That is the way I understood it when I read the release.

  • Reply to

    After Russia bombs Turkey Europe will need LNG!!!

    by ndibari73 Nov 24, 2015 3:10 PM
    persistdb persistdb Nov 26, 2015 12:32 AM Flag

    Russia will probably do whatever will restrict the flow of oil to raise the price..... That would be in Russia's interest. Oil pipelines might be interrupted in the area. Maybe have Russia involved in Yemen,,,,,, ie control straights of Hormuz. Russia needs the oil cash flow for itself.

  • Reply to

    Great Entry Point

    by klinvestor Nov 24, 2015 1:56 PM
    persistdb persistdb Nov 25, 2015 12:37 PM Flag

    Nice post... all good possibilities... I'm in at around 5.20 and holding... may add more if the stock ever looks like it will turn around.. I expect it will eventually rise due to revenue projections for 2016.

    In CC one question referred to profit margin... answer was that ASYS was looking at expanding market share and revenues... so I thought that was actually a long term positive . Looks like their markets are also international, including India... so it looks to me like keeping a competitive product price is central to managements' thinking. So my target is to make a profit in the next few months as the share price bottoms then rebounds.
    GLTAL's

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