got in that one dirty cheap at $3.71. same with VVUS but sold when FDA approved at $26. VVUS will be more effective but ARNA will have more market share in my opinion.
I don't trade after hours. Not enough liquidity and spreads are awful. Another multi-bagger? I can pick 'em if you can afford to take the risk. It's all about timing. Right now I don't see anything worth the risk though.
Nope I did not bail. I am holding 3-5 years. I bought in knowing there would be a ton of volatility. At 0.21 I think I will let this one ride and take my chances.
I posted the pick on here when I made the trade. Got bashed for it too, but oh well. You win some, you lose some. Going in, I knew it was a risky bet but I knew housing bottomed and I saw an opportunity where I could either lose it all or make a ton of money. The risk/reward was worth it for me. I didn't do too much so if it went to $0 it wouldn't hurt. As far as I was concerned, it was like buying options at that price.