CEO and Insiders develop what appears to be a mediocre product aimed at fat people, then enrich themselves with bloated salaries and cash in for $$$ millions on their free stock options along the way. Now, if this isn't abuse, I don't know what is.
Stock price going down as short interest declines. This is the reverse of how a healthy stock should move. No hint even of a short squeeze however slight. This all spells big trouble looming ahead for ARNA pps imho. Look out below!
I would say it has already flopped big time ... past tense. No blockbuster action going on here, just the reverse.
Just like you said good-bye to the $7's, $6's, and $5's. This stock had it's day in the sun and that was as good as it will ever get. Storm clouds came in quickly and never left. This will be a Pink Sheet Micro-Cap by the time it's all over. All JMHO.
I gotta believe most of the pumpers on this MB are shorts trying to get suckers to buy, while they sell short. It's the only thing that makes any sense here with what sure looks to be a floundering small bio-tech.
Seriously, look at the deal here. Insider Ownership near -0- (Smart People), Insider Stock Option Sales = 100% (Smart People), Mediocre Product at Best IMO, $500,000+ Salaries for all listed Executives (Greedy People), Retail Investors on Hope 'Life-Support' Only (Dumb People) .......................................... This is something you all want to willingly invest in? Really??
Pumpers well is running dry, so up pops a Dr. Hung Tran to lend some credibility to the future. However, the future is now and the company is very silent, which is never a good sign. To all the Hung Trans out there lying in wait to fuel the hopes of the pumping public, I have to say "Great Job in an obvious time of need!", but you're missing something vital. You fail to answer the "Where's The Beef?" question, except to say it's sometime in the future, maybe sooner than later, whatever all that really means. Nonetheless, it's all so entertaining and sure gets peoples' hopes up and livens everything up for everyone here. So please keep up the good work!
The CEO sells and you buy his shares, stock tanks, and you buy more shares. And you think this is smart investing? Insiders apparently don't believe it's something they want to buy at any price, but you keep buying more shares thinking it's a good deal the lower it goes. Always follow what the Insiders are doing, or not doing ....... they know a lot more about what's going on inside their company than you do. That's why they're called 'Insiders'.
ARNA is not being manipulated. This is simply big imaginations at work. ARNA has earned its current market cap and, if nothing significant takes place soon, it will be earning a lower market cap in the months to come. By the way, pumping hope on great things to come does not qualify as anything significant. In actuality, I see little hope of great things to come here. as they would be here today, and tomorrow, and the next day ... and they're not. Ask yourself (again) why Insiders own so very little of ARNA shares ... and they aren't opening up their wallets at $4 either, despite all the imaginary great things coming down the pike.
There must be a good reason for this and I think I know what it is. Buyer beware amidst all the mindless pumping about great things taking place. Insiders don't buy shares, CEO dumps 40% of his holdings, stock options yielding the only gains taking place here. The writing appears to be on the wall.
Sorry, wrong MB.
I suspect 2015 will be no different. Looking at ARNA logically, I see nothing more than a compensation/stock option play by Insiders who appear to have developed nothing more than copy-cat product based on fads (i.e. weight loss, stop smoking, & pain). JMHO, of course.
There is no accountability with these small bio-techs.
So much rubbish from both sides, most of it absolutely worthless. Walk away from ARNA for 1 Year, then take a peek. It will either have hit the Pink Sheets(most likely) or it will have gone to $7.50(most unlikely). Either way, save yourselves all this daily torment for 1 Year!
I have never seen a healthy stock with almost 0% Insider Ownership. If this isn't disturbing enough, Insider Sales via the ARNA Stock Option Program and Other should set off multiple alarms. Although this doesn't appear to be a very good shareholder stock, Insiders certainly seem to be cleaning up on it! Buyer Beware.
In all fairness to all the fantastic claims and true stories of all the diet pills on the market today, I'd rank ARNA as one of the many that are out there. No better, no worse than them all.
It seems a clear pattern has emerged here. Insiders own only .50% of their own company .. Insiders regularly cash out stock options for big pay-days, but don't re-invest any of the proceeds into ARNA stock shares .. CEO sells a large chunk of his holdings less than 2 months ago at a 43% premium to today's closing price. Insiders appear to view buying and owning significant, or any for that matter, shares in ARNA as something to avoid. This should be very disturbing to an ARNA shareholder, but what do I know? All JMHO, of course.
Can't say I blame them after company threw them under the bus. It's gotta hurt, but all these ridiculous posts are ....... ridiculous.
Very Entertaining ... Shorts were on top of their game on this one. These future millionaires will probably have to seek out another option to achieve their goals. All credibility in MNKD is probably shot for a long time to come.
Too many questions, too few answers. Management silence continues with no explanation. Confusion and uncertainty run wild amidst speculation that some 'secret plan' is in the works, the chances of which are realistically slim to none. Good chance MNKD people are way out of their depth and this is their worst nightmare come true. This is prime time for short sellers to have their way with the stock price. There appears to be nothing stopping them anytime soon. How sad if, by chance, Afrezza is the blockbuster it was hyped up to be. Too bad the Company behind it couldn't keep up. all jmho, of course.